All businesses have been affected by the political , economic and social disruptions of recent years . From Brexit to the pandemic , seismic global events have tested the operational resilience of organisations , their workforces and supply chains .
Procurement , in particular , has been hard hit by a series of unprecedented challenges – from production delays and logistical log jams to inflationary pressures and exchange rate fluctuations . This volatile climate has left IT buyers in need of solutions that can help them navigate choppy waters .
As explained by Hewlett Packard Enterprise , IT procurement is a group of processes for the purchase and implementation of IT in accordance with organisation strategy . An organisation that uses IT must have a way to procure the IT products and services it needs to operate .
“ Procuring IT is – or should be – about more than just buying IT products and services ,” explains HPE . “ IT procurement serves a vital role in the realisation of strategic and operational goals . Given the centrality of IT to business success and overall transformation , IT procurement should engage key stakeholders from business , finance , and IT itself . The process has to identify what IT can serve the business and then follow through with the best possible IT investment decisions .” To navigate these challenges , digital procurement systems are providing organisations with answers . But as Ian Nethercot , a supply chain director at IT procurement company Probrand , explains , a study by the company has found that very few organisations are making headway when it comes to digitalisation .
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