Are executives in South Africa embracing and scaling the potential of digital technologies in creating or maintaining world-class, competitive Procurement and Supply Chain capabilities?
In July 2018, Letsema’s NextGenOps practice, led by Partner, Kamendran Govender, executed a market survey process to gain different perspectives into this question. They interviewed more than 20 executives in South Africa who are either involved in or responsible for Procurement and/or Supply Chain within their organisations, across multiple industries and representing varying company sizes.
In summary, the survey’s insights include:
- Digital excellence for Procurement and Supply Chain spans different industries and across company sizes;
- Strong leadership, a clear strategy and investment plan for digital are critical to drive the digital agenda. 22% of participants are leaders who all have these three traits;
- Global corporate structures and operating models can either accelerate or impede the digital agenda of South African supply chains 65% of participants were global multinational companies
who featured in both the leading and lagging performer categories; and
- Overall, funding is typically not a constraint to digital transformation 26% of participants rated funding in their top two barriers but a majority stated it is not a dire constraint. The key is to find the applicable strategic business value. Several companies of all sizes and stages of adoption say funding will be found if the value is present;
The full survey can be accessed below: