According to the Institute for Supply Management, business leaders are expected to spend $3.49 trillion on software and IT services alone in 2017. Any business, regardless of industry, is aware of the crucial role IT plays in the operations and overall success of their processes. Procurement groups and supply management experts can discover new options that provide competitive advantages for organizations that dedicate a greater percentage of their revenues to information technology services.
Correctly implemented and adopted technology allows organizations to operate more effectively and stay ahead of the curve. However, it also requires the enterprise, especially end-users, to constantly evaluate existing tools and platforms, determine needs, and plan for the future. While the latest innovations may allow an organization to gain a competitive edge, sustainability requires due diligence in the form of a constant understanding of market options and how they can be implemented - a responsibility fit for a Strategic Sourcing and Procurement team. SS&P can help monitor the market, manage IT spend, and foster the optimal ROI when investing in new systems or technology.
From March 22nd - 24th, the Institute for Supply Management will host ISM Tech 2017, a conference focused specifically on supply management and procurement solutions for a variety of areas in technology including advancing analytics, manufacturing 2.0, the role of robotics, going digital, utilizing augmented reality and more. ISM Tech is just one of the many spotlight events leading up to the international ISM annual conference held in Orlando, FL in May. The three-day event taking place in Washington, D.C welcomes a limited audience including supply management industry leaders and experts, innovative suppliers and top providers in the field. Source One Management Services, LLC anticipates this opportunity to meet with other procurement experts and industry professionals to collaborate on innovative solutions to the latest technology offerings that provide new possibilities and cost-reducing options for all any businesses' needs. ISM Tech is a conference industry professionals look forward to in addition to the other events the Institute for Supply Management will hold prior to the highly anticipated annual international conference.
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