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5 Key Factors For Adopting Best-Of-Breed Technology

Future of Sourcing

As digital transformation accelerates, Costas Xyloyiannis, CEO of HICX, shares five factors for supply chain and procurement professionals to consider when adding new best-of-breed solutions.

Extensive disruption at the beginning of the decade put resilience at the top of the agenda for most organizations. Now the focus is on how digital procurement solutions can be used to boost agility.

But as digital transformation accelerates and procurement teams look beyond their established P2P or S2P suites to address particular pain points, this should not be done in a haphazard way. To be successful, organizations need an agreed plan to identify, select and implement new software.

So, when it comes to adopting best-of-breed technologies, what should the procurement community consider? Here are five key factors:

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