Kill The Complexity: A Practical Handbook for Tackling Key Challenges in Sourcing

Procurement and supply chains inherently tend to evolve into intricate networks over time, facing sourcing challenges such as product and geography expansion, technology adoption, regulatory changes, and more. This evolution, over a few years, unfolds gradually and granularly.

The escalating complexity, however, becomes a silent nemesis, challenging efficiency, effectiveness, and business competitiveness.

Before resorting to costly consultancy, conducting a thorough complexity check is crucial. This whitepaper delves into five key areas where complexity arises in procurement, offering practical solutions for regaining control:

• Low User Adoption: Navigating the challenge of shifting users, especially non-procurement personnel, from traditional systems to newer technologies.
• Inability to Rapidly Scale Procurement: Addressing the complexity of extending procurement functionality without extensive coding.
• Viewing Procurement as a Mere Cost-saving Center: Tackling the complexity of scaling procurement beyond operational activities.
• Ineffective Transformation of Source-to-Pay: Unraveling the complexity of effectively implementing as well as transforming Source-to-Pay processes.
• Inefficient Process Improvement: Confronting the complexity of stagnant procurement processes.

While complexity is inevitable, taking a proactive stance enables businesses to navigate and optimize operations, recognizing that strategically addressing complexity can catalyze positive change.

Learn how to practically conduct annual complexity checks for your S2P. Download our whitepaper on “Challenges in sourcing” for the insights!