In the news: Stop chasing problems, start preventing them
Most procurement functions don't have a technology problem - they have a reactive one. In a new thought leadership piece for EME Outlook and Supply Chain Outlook, Proactis's Ilija Ugrinic explains why sourcing-only strategies leave value unprotected, and what it takes to turn procurement into a genuinely preventive function.
Contracts get negotiated, then left to sit in shared drives. Savings get agreed at award, then quietly erode as the contract runs its course.
It's a pattern Ilija has seen play out across organisations for twenty years - and in this piece, he makes the case for fixing it before it breaks, not after.
Read the article to learn:
Why an 80/20 sourcing-only mindset leaves the majority of procurement value unmanaged and unprotected
A reframe of supplier relationship management as procurement's "engine of prevention" - not just a compliance exercise
The case for treating contracts as active control mechanisms, not static PDFs nobody opens again after signature
What it actually takes to shift a procurement function from event-centric ("did we save at award?") to continuous value management ("are we still protecting that value?")
Why a single, unified sourcing-to-contract platform is what makes all of the above practical, not just aspirational
Read the full article by Ilija
Organisations that embrace the idea of procurement as a continuous lifecycle, rather than a series of one-off events will gain a strategic advantage.
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