Resources for digital procurement, procurement software trends, category strategy management, sustainable procurement, and more

Do you remember the last time you took the wrong ramp onto the highway and how it made you feel? Most people instantly know that they took a wrong turn and hope that the next exit is not too far off. Unfortunately, our brain doesn’t experience the same stress when taking the wrong turn in developing category strategies. Category strategies in Procurement are a methodical approach for defining the best way to buy goods or services for their business. Done right, they help companies align business requirements with market realities to leverage market opportunities and mitigate risks. Done wrong, they might lead us down the wrong road.
At DPW 2023 in Amsterdam, Michael DeWitt, Vice President of Indirect Spend Management and Center of Excellence for Walmart International, shared the global retailer’s vision on the future of procurement. In Michael’s keynote, he emphasizes the transformative impact of AI implementation and how Cirtuo drives tangible business impact for Walmart.