target audience: TECH BUYER Publication date: Apr 2021 - Document type: IDC Perspective - Doc Document number: # US47583221
Sourcing Outcomes: A Focus for the Enterprise
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Abstract
This IDC Perspective provides information to help procurement teams achieve sourcing success in 2021. As the world moves toward a new normal and keeps the business resilient, procurement is being asked to sustain and find cost savings. Sourcing technologies, sourcing category wave planning, benchmarks, and communities are all areas sourcing teams can leverage.
"IDC's C-suite study finds that chief procurement officers and their organizations are focused on cost savings for 2021," says Mickey North Rizza, program vice president, Enterprise Applications and Digital Commerce, IDC. "Enabling a digital strategy using sourcing technologies will bring some quick wins while the organization adapts. As the tools are accelerated in their usage, aid in the organization's digital resilience overall."