Opportunities
Digital Transformation and Innovation: Leveraging technologies like AI, IoT, and blockchain enhance supply chain transparency, improve forecasting, and support the development of innovative products. Strategic Partnerships and Collaboration: Building strong relationships with suppliers and technology partners drive innovation, improve supply chain resilience, and align with organizational goals. Data-Driven Decision Making: Utilizing advanced analytics and data insights can help procurement teams make informed decisions, predict risks, and optimize supply chain performance
Invoices without exceptions
Best in Class Metrics*
Sourcing Savings Rate
POs transmitted via Business Network
97.5%
14.5%
99.9%
*SAP Customer Benchmarking program
Top Challenges of Supply Chain and Procurement*
80% 26% 48% 60% 32% 50% Only Only
of enterprises rely on manual collaboration and legacy technologies
of executives say their organization’s collaboration with top suppliers is highly effective #
of leaders say that gaining visibility into vendor performance is challenging #
of CPO’s surveyed indicated that enhancing risk management is a top CPO priority^
of CPO’s surveyed said that they are losing revenue due to supply shortages @
of executives can quickly find alternative sources of supply when needed
^Global Risk Survey 2023 – PwC @ Procurement 2023: Ten CPO actions to defy the toughest challenges - McKinsey
*Agile Procurement Insights # 2025 Digital Trends in Operations – PwC
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