Procurement Pros need to know about the Modern Procurement Tech Stack

This is an AI Generated Image from Midjourney. This is a “Procurement Tech Stack”.

What is a Procurement Tech Stack?

A Procurement Tech Stack is a mixture of Procurement Tech Solutions, that connect together, to enable Procurement Professionals, to carry out their Digital Procurement Activities.

Procurement Tech replaces and improves the manual ways of working in Procurement.

Dr Elouise Epstein, author of “Trade wars, pandemics, and chaos: How digital procurement enables business success in a disordered world” has created a Procurement Tech Stack Spider Map.

This map categories each of the Software Solution Categories in the Procurement Tech (or ProcureTech) ecosystem.

In this episode of the World Of Procurement Podcast I analyse the Procurement Tech Stack. I’m hoping this helps kick start or mature your Digital Procurement competency journey that we should all be prioritising in our Procurement Careers.

Modern Procurement Tech Stack by Dr Elouise Epstein of Kearney

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