Why does the rate of e-procurement initiative failures continue to be high?

Back in July 2007, I wrote a post regarding a Kearney,  CAPS Research, and Institute for Supply Management research paper titled Dangerous Supply Chain Myths – Enabling Technology. In that post, I talked about the reason for the high rate of initiative failures – https://procureinsights.com/2007/07/04/dangerous-supply-chain-myths-part-7/

Fast forward to the 2019 Deloitte CPO Global Survey, and I wrote the following: “What is the old saying about those who fail to learn from history? Are the dismal results of eProcurement initiatives in the ERP-era going to be repeated in the digital age?” – https://procureinsights.com/2019/12/11/deloitte-cpo-survey-digital-transformation-of-procurement-a-bust/

More than a decade after that first post, despite amazing technological breakthroughs, the rate of e-procurement initiative failures continued to be high. Why?

Over the past five decades, I have seen technologies evolve, but what hasn’t necessarily evolved is our collective view of the role of technology and our role in making it work.

Use the following link to take this important poll by the Art of Procurement‘s Philip Ideson!