Keelvar, the leading global provider of autonomous sourcing and sourcing optimization solutions, today released the results of its 2023 Voices of Sourcing report. Keelvar’ s research found that 91% of supply chains have been impacted by inflation, which has increased pressure on procurement teams to cut costs. Despite the urgency to control spending, only 12% of procurement and sourcing teams plan to cut budgets for technology and innovation, which shows the criticality of enabling technology in uncertain markets.
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