Why Technology Procurement Is Becoming a Competitive Advantage

Procurement used to be the department nobody thought about until something went wrong — a contract renewed at the wrong price; a vendor selected because a salesperson was persistent rather than because the tool was right. It sat downstream of strategy, executing decisions other people made. That’s changing fast, and the companies figuring it out first are pulling ahead in ways that have nothing to do with having flashier technology and everything to do with buying it smarter.