The benefits of disruptive technologies cannot be overlooked. Its impact on procurement can be vast as a growing number of businesses focus on creating value and augmenting their bottom lines.
Aside from its benefits, disruptive technology can also host a slew of challenges that could impact the effective transformation of procurement.
While these disruptive technologies are the future of procurement, businesses must evaluate the implications of these systems with care before wide-scale implementation takes place. For instance, in a highly or purely automated environment with little to no human interaction, various machines could result in a standstill.
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