Digital Procurement solutions have eliminated much of the function's tactical workload and provided a new level of clarity and connectivity throughout the sourcing cycle. Technology is not, however, a magic bullet. Professionals and organizations that are already prone to rushing through the sourcing process and neglecting their due diligence may find that a digital platform only exacerbates the issue.
Does your organization leverage a digital platform during the sourcing process? Take care to avoid these four potentially costly mistakes.