Can Procurement Learn to Love Self-guided Buying?

Over the last couple of years, self-guided buying has gone from being anxiously dismissed by procurement teams as an impractical and even risky request, to a trend that is being embraced by stakeholders and distributed buyers for the access and autonomy it affords them.

 Leading procurement are now coming around to the idea that self-guided buying is not just possible, it is inevitable. And – if managed right – it can be a high-value opportunity for everyone involved. It is time to prepare for the technology, data, and process implications that must follow. Data quality is a particular concern, and it was one of the reasons procurement did not naturally gravitate towards self-guided buying in the first place.