The pandemic is causing several other macro-fragilities to come to the foreground. Organizations are asking:

• Are my teams productive?
• Are my vendors reporting accurate effort outputs?
• Are my vendors dealing with the same lack of visibility challenges with their teams as much as I am?

In coping with the COVID-19 crisis, many management “”science”” experiments have arisen by accident or necessity, which are not typically sanctioned. The new and precious insights are proving to be an impressive competitive advantage leading a few, well-equipped enterprises into the 2020s.

These operational and workforce challenges have created a unique compound crisis that will result in strategy resets for many industries. Sourcing, procurement and vendor management (SPVM) leaders will be at the core of this shift and will require accurate data to reshape the business deep into the next decade.

Contributors: Sapience Analytics
Categories: 2020 Fall - Digital, Summit Presentations
SRC Type: Artificial Intelligence, Benchmarking and Analysis, COVID-19, Disruptive Digitization, Procurement Operations, Sourcing Management, Third Party Management