MARCH 2019CIOAPPLICATIONS.COM6A Strategic Contributor to Organizational SuccessAstrategic contributor to organizational success, procurement function necessitates the integration of state-of-the-art technologies to digitize and automate the processes. Artificial intelligence (AI) has emerged as the agent of change that can create valuable impact in improving procurement outcomes. Integrating smart technologies will not only give procurement managers credibility and enhanced experience, but also the power to manage and control the function from anywhere, anytime. The supply chain industry leaders believe `cognitive procurement' is the way forward for its ability to allow buyers to make smarter decisions that drive greater value. With the ability to react quickly to market changes and competitive pressure, procurement teams gain a competitive edge. On the strategic front, the procurement industry can benefit from nearshoring, a collaborative approach to connect with suppliers and vendors in countries, which share similar mercantile laws and regulations. "Delivering long-lived experience" is deemed to be the new synonym with solutions from all dimensions but the trick lies in choosing a solution that fits the roadmap of the company. At this juncture, CIO Applications magazine presents to you "Top 10 Procurement Solution Providers - 2019." Flip through the pages to comprehend the value proposition that these companies could bring to your firms in the procurement area. Also interspersed in the magazine are insights from various leaders in the procurement landscape. We hope you enjoy reading this as much as we enjoyed putting this edition together. Let us know your thoughts. Joe PhillipManaging Editoreditor@cioapplications.comJoe PhillipMARCH - 15 - 2019PROCUREMENT SPECIALCopyright © 2019 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.Volume 04 - 08Published by ValleyMedia, Inc. To subscribe to CIO ApplicationsVisit www.cioapplications.com *Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffManaging EditorJoe PhillipGraphics & ArtJohn ConnorDeclan ColeAR RamjithSenior WritersClara MathewRoyce D'SouzaLeah JaneEditorial StaffBen JacksonDowel MajiJune MichaelVinutha DayanandGowdaSalesAndrew D'souzaandrew@cioapplications.comEditorialContact UsPhone: 510-996-5123.Fax: 510.894.8405Emailsales@cioapplications.comeditor@cioapplications.commarketing@cioapplications.com
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