How better procurement tech can help you engage and retain staff
How better
procurement tech
can help you engage
and retain staff
Frustrations with technology are a major reason why
people leave their jobs, but digital procurement can help
engage and retain people across organisations.
The main areas technology can help
Frustrations with technology
are a major reason why
people leave their jobs,
but digital procurement can
help engage and retain people across organisations.
The main areas
technology can help:
Attracting and retaining staff is a
major challenge for organisations.
But a study by the Work Institute finds that:
1
One major frustration for employees is technology.
Research by Lakeside Software finds that a poor technology experience results in:
2
Attracting and retaining
staff is a major challenge
for organisations.
But a study by the Work Institute
finds that:
1
2
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REPORT HERE
The research also estimates that, due to limitations
with tools and infrastructure:
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What industry leaders are saying
Procurement technology has an important role to play in this,
both for those who require products and services and those
working in the procurement function itself.
1
3
2
The research also estimates
that, due to limitations with
tools and infrastructure:
Procurement technology has an
important role to play in this,
both for those who require products
and services and those working in the
procurement function itself.
1
3
2
One major frustration for
employees is technology.
finds that a poor technology
experience results in:
This means easy access to products via user-friendly technology,
with high levels of personalisation and quick delivery.
An effective procurement solution can also help organisations deliver on
sustainability objectives, which are increasingly important to both customers and
employees, by mandating the use of suppliers which meet company criteria.
Employees are used to buying items they need in their
personal lives in a hassle-free way, and expect similar
levels of service in the workplace.
engaging employees
A study by The World Economic Forum finds:
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THE FULL
REPORT HERE
This means easy access to products via
user-friendly technology, with high levels
of personalisation and quick delivery.
An effective procurement solution can
also help organisations deliver on
sustainability objectives, which are increasingly important to both customers
and employees, by mandating the use of
suppliers which meet company criteria.
Employees are used to buying
items they need in their
personal lives in a hassle-free
way, and expect similar
levels of service in the workplace.
engaging employees
A study by
The World Economic Forum finds:
1
2
Businesses unable to offer this risk demotivating staff,
which can cause other issues.
Research by Gallup suggests disengaged employees have:
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THE FULL
REPORT HERE
absenteeism
increase
1
2
lower
productivity
Businesses unable to offer this
risk demotivating staff,
which can cause other issues.
Research by Gallup suggests
disengaged employees have:
intimates that:
Resulting from poor integration and data inaccuracies in ERP systems,
causing headaches for those in finance functions.
Inefficient ERP systems also cause delays, errors and unnecessary
repetition of tasks, which can lead to complaints from customers,
impacting the organisation’s wider reputation.
Procurement teams know just how important operational efficiency is.
The recent Deloitte 2023 Global Chief Procurement Officer Survey found
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What industry leaders are saying
Research from Deloitte intimates that:
Resulting from poor integration and
data inaccuracies in ERP systems,
causing headaches for those in
finance functions.
Inefficient ERP systems also cause
delays, errors and unnecessary
repetition of tasks, which can lead
to complaints from customers,
impacting the organisation’s
wider reputation.
Procurement teams know just how
important operational efficiency is.
The recent Deloitte 2023 Global Chief Procurement Officer Survey found
It’s just as important to make sure those working
in procurement functions remain engaged and
satisfied in their jobs.
Procurement teams
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THE FULL
REPORT HERE
This means it’s important those working
in procurement feel they can offer a
good service to other employees, and
deliver savings based on getting more
spend under management.
Inefficient processes will lead to an increase
in rogue spending, where people decide to
bypass procurement processes entirely.
This means those purchases will not go
through preferred suppliers, making
it harder to meet pre-agreed volume
commitments with those suppliers.
This can impact sustainability or wider
corporate social responsibility goals, too.
It’s just as important to
make sure those working in
procurement functions remain
engaged and satisfied
in their jobs.
Procurement teams
A Study by Gartner finds that:
This means it’s important those working in procurement feel they can
offer a good service to other employees, and deliver savings based on
getting more spend under management.
Inefficient processes will lead to an increase in rogue spending, where people
decide to bypass procurement processes entirely.
This means those purchases will not go through preferred suppliers, making
it harder to meet pre-agreed volume commitments with those suppliers. This
can impact sustainability or wider corporate social responsibility goals, too.
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What industry leaders are saying
A Study by Gartner finds that:
improve efficiency
This can lead to more positive experiences for both the
procurement team and internal customers.
Effective digital procurement technology empowers employees
by allowing them to benefit from the use of machine learning,
ensuring more personalised and confident buying experiences.
By streamlining the procurement process, digital
systems can reduce the burden on employees, making
their work more efficient and user-friendly.
Digital procurement
Amazon Business, for instance, offers curated shopping lists and
guided buying (a paid feature), that steer employees to preferred products, providing them with a sense of reassurance and peace of mind.
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What industry leaders are saying
improve efficiency
This can lead to more positive
experiences for both the procurement
team and internal customers.
Effective digital procurement
technology empowers employees by allowing them to benefit from the
use of machine learning,
ensuring more personalised and
confident buying experiences.
By streamlining the
procurement process, digital
systems can reduce the burden
on employees, making
their work more efficient
and user-friendly.
Digital procurement
Amazon Business, for instance,
offers curated shopping lists and
guided buying (a paid feature),
that steer employees to
preferred products, providing them
with a sense of reassurance and
peace of mind.
And from research by Gartner
To find out more about how Amazon Business could help engage
your employees through more efficient procurement processes
And from research by Gartner
To find out more about how
Amazon Business could help engage
your employees through more
efficient procurement processes