Digital transformation is a reality for the procurement area already. Technologies 4.0 have supported and digitized processes that once were conducted in a slow and often inefficient way. The importance of new technologies for daily business is indisputable. With them, companies tend to produce more, make fewer mistakes and still take assertive decisions.

There is no denying that the 4.0 revolution brought new potential for businesses, both of the productive and strategic types. These changes also require a new professional profile, which is adaptive, creative and resilient at the same time.

In this post, you will see everything you need to know about digital transformation in the procurement area!

 

The main impacts on the procurement area

 

Those who think that digitization in procurement is a recent process are very wrong. This revolution began a few years ago, and gained strength with the emergence of 4.0 technologies. Solutions that help buyers in the quotation, order generation and control processes are already commonplace for that area. We must actually evaluate how resistant and/or prepared the professionals are to use such tools. This is known as digital maturity.

Click here if you want to read a little more about digital maturity!

Another aspect of concern is the integration of the company’s processes mirrored into technological solutions. Digitization is done to help buyers optimizing processes, in order to make them more strategic in the industry, and thus drive the company’s business. Finding a tool that can translate the existing processes, in a digitized way, is a big challenge.

 

The technologies that are leveraging the procurement sector

 

Innovation Day, an event promoted by Inbrasc, in partnership with Mercado Eletrônico, took place on April 16, with the purpose of promoting innovation ideas in the procurement area of businesses. That event was attended by the top 35 Brazilian executives in such area.

According to a survey conducted during the event, the key leveraging technologies are:

  1. Big Data – Large volumes of structured and unstructured data that can be analyzed to gain insight and improve decision-making power.
  2. Artificial Intelligence – Enables machines to learn constantly as they work, and also carry out tasks like human beings.
  3. Cloud Computing – Allows the use of tools, files and applications, using only the Internet, thus eliminating the need of installing them.
  4. 3D Printing – Also known as additive fabrication, it allows the creation of physical objects by the deposition of layered materials, following a digital model.
  5. IoT – Communication between machines through the Internet, which allows sharing data and information to carry out several tasks.

Click here to read all about the Innovation Day event!

 

Professional profile of the buyer 4.0

 

In the future, the profile of the successful professional will be quite different; a mix of soft, hard and meta skills.

Soft skills

Skills of the human nature (creativity, critical thinking, social intelligence and communication).

Hard skills

Knowledge and technical skills (agile methodologies, big data analytics, software development, etc).

Meta skills

Skills that involve a growth mindset, resilience, and the ability to cope with change and uncertainty. According to a survey conducted by LinkedIn, the ten most requested professional skills in résumés today are:

Creativity Cloud data handling
Persuasion Artificial intelligence
Collaboration Analytic reasoning
Adaptability People management
Time management User experience design

Additionally, investing in intellectual, cultural, and age diversity will be crucial, in order to create versatile, above-average executive teams.

Click here to know more about the profile of future professionals!

If you still have any questions about this subject, send your comments! Take this opportunity and subscribe to our newsletter, to keep up with everything that happens in the B2B market!