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Forecasting the Future: Executive Predictions for 2023

By February 1, 2023May 29th, 2024No Comments

What will the future hold?

Being able to answer that question accurately is less about being right than it is being ready. (Okay, it might be a little bit about being right…) Knowing what will be important in the months to come offers advantages in the forms of aligned thinking, strategic planning, and better cross-functional collaboration.

The team from Zip is ready for the new year, and they have already put their predictions in writing so we can discuss and learn from them.

In this AOP Live session, Art of Procurement’s Philip Ideson was joined by Rujul Zaparde, Founder and CEO of Zip, and Colin Glazier, VP of Solutions Consulting at Zip. They represent different perspectives on the challenges and opportunities that will be presented to all of us.

Rujul and Colin shared their predictions in three key areas:

Economy: No one can escape macro-economic trends and pressures, and they will affect providers and practitioners differently. How will those pressures exhibit themselves in each group’s work?

Experience: Procurement had only just embraced self-guided sourcing when no-code started gaining traction. Where will automation have the greatest impact on friction and compliance?

Business Alignment: The rise of Fintech and a renewed focus on legal and regulatory compliance will change how procurement approaches certain categories and relationships. What choices can we make today to be ready for new conversations tomorrow?

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