Digital procurement is going to play a key role in big distribution and retail companies' operations. According to a worldiwide survey, 41 percent of respondents will give priority to data analytics, whereas 27 percent of procurement professionals expect to implement procure-to-pay processes by 2027. This will streamline purchase, invoicing, and payment in a more efficient way.
Share of distribution and retail services companies implementing digital procurement uses by 2027
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PwC. (March 7, 2024). Share of distribution and retail services companies implementing digital procurement uses by 2027 [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/1477951/retail-digital-procurement-use-cases/
PwC. "Share of distribution and retail services companies implementing digital procurement uses by 2027." Chart. March 7, 2024. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/1477951/retail-digital-procurement-use-cases/
PwC. (2024). Share of distribution and retail services companies implementing digital procurement uses by 2027. Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/1477951/retail-digital-procurement-use-cases/
PwC. "Share of Distribution and Retail Services Companies Implementing Digital Procurement Uses by 2027." Statista, Statista Inc., 7 Mar 2024, https://www.statista.com/statistics/1477951/retail-digital-procurement-use-cases/
PwC, Share of distribution and retail services companies implementing digital procurement uses by 2027 Statista, https://www.statista.com/statistics/1477951/retail-digital-procurement-use-cases/ (last visited November 23, 2024)
Share of distribution and retail services companies implementing digital procurement uses by 2027 [Graph], PwC, March 7, 2024. [Online]. Available: https://www.statista.com/statistics/1477951/retail-digital-procurement-use-cases/
