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Adopt tech to cut procurement losses, experts tell companies

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Experts have stressed the need for companies to adopt technology in their procurement and sustainability processes to prevent waste and achieve maximum results.

“We have an application that enables us to plan for a whole year. Besides, we have introduced technology into our processes, and this enables us to digitally engage our customers. Through this, we have been able to achieve transparency, and check leakages.

“We must know that the internet is there, and the threat is also there. As much as we want to enhance our procurement process digitally and reduce waste, we also must be aware that the internet poses its threats,” he stated.

 

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