3 . Make the most of the cloud

You ’ re on the cloud , but that is only a first step . You need to get more from this new platform . So , decide what systems you can migrate to the cloud and how to use them to spin up new services and procedures , rapidly .

4 . Bridge the digital talent deficit

Without the necessary digital skill sets it might be difficult for procurement to take advantage of new systems and technologies . Specialists are required . As they are in short supply , consider encouraging existing staff to retrain .

5 . Love your data

How good is your data ? Unfortunately , problems are often only discovered when it ’ s too late to do anything . Given the myriad of data sources within a complex supply chain , it ’ s critical to clean your data before any major change .

of CEOs see technological disruption as an opportunity not a threat 4

Power your way to better procurement …

Get the power of KPMG Powered Procurement – with pre-existing tools and templates blended with leading practice and proven cloud-powered technology – as many enterprises already are .

… like Zurich .

Global insurer Zurich worked with KPMG member firms to transform its procurement processes . Central to the success of our collaborative approach was a three-day , interactive ‘ U-Collaborate ’ project launch event . This meeting established core design principles and challenges , so everybody involved was up to speed with the key aims of the program that still steer it today .

of CIOs say their digital strategy is not yet effective enough to manage this 5

1

KPMG Powered Procurement Advisory – Case Study , 2018

2

KPMG unlock-potential-of-procurement . pdf

3

KPMG Point of View Paper ‘ Stop holding back . Start tackling five common obstacles .’

4

Global CEO Outlook Survey , KPMG International 2018

5

Harvey Nash / KPMG CIO Survey , KPMG International 2018

Discover how you can benefit from KPMG Powered Procurement .

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