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Bring your procurement function to the new age with a digital transformation consultant

Understand the impacts of digital transformation, the benefits that digitaDigital transformation is the adoption of digital technology in all areas of a business. With digital transformation, a fundamental change in business operation, value creation, culture, quality and management can be gained. It embeds seamless fundamental change in business processes.lisation brings to a business, and the objectives that can be achieved.

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Why is digital transformation a business priority?

Digital transformation is responsible for merging and unifying stakeholder groups and operational processes. It is likely to create channels of communication and simplify and enhance business processes.

Digital transformation helps an organisation keep up with trends and stay aligned with emerging customer demands, changing competitive landscapes, and economic battles—which all aid business longevity and survival.

Adopting digital transformation as a business priority and value-creating strategy results in boosted efficiency, greater business agility, resilience and, value creation for stakeholders.
Digital Transformation

Why do businesses aim for digital transformation?

Business transformation is vital for the achievement of business goals and objectives. Statistics have shown that more than 50% of businesses adopt digital transformation mainly due to growth opportunities. With it, businesses can simplify processes, providing increases in service provision and quality.

76% of firms are investing in supply chain automation to streamline operations. This offers a definition of clear goals and objectives, which allows firms to regulate and push compliance within operations.

Transformation links and synchronises hierarchies in the organisation, which increases communication links—resulting in increased efficiency and productivity. This also supports models for agility, creativity, and innovation within the organisation.

Digital transformation has also allowed businesses to be different and curate unique experiences for their customers. 41% of firms adopt digital transformation processes to keep up with industry competition. This is because transformation encourages innovation and increased responsiveness to market demands, consumer needs, and competition changes.

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Why do firms require a digital transformation consultant?

In today’s day and age, businesses can not avoid technology and its offerings. With constant changes and evolutionary technologies being implemented, a digital transformation consultant can play a critical role in planning, establishing, coordinating, and controlling fundamental change in an organisation.

A digital transformation consultant can assist businesses in reaching their fullest potential through technology with minimum risk and maximum innovation. They have experience, exposure, and knowledge in the digital and business world to lead businesses towards better fundamental change.

What can a consultant bring to the table?

With the right skills, experience, and qualification levels, a business transformation consultant can guide businesses towards growth, stability, and financial success.

Transformation consultants can:

Assist in meeting customer expectations

Digital transformation allows firms to establish and maintain a customer-centric environment. This will create a pathway for survival and loyalty by consumers in the long run.

Improve agility and resilience in processes

Business transformation synchronises firms to establish quick decision-making processes, which will lead to the establishment of quicker responses to market fluctuations.

Save costs and effective budgeting

Transformation is likely to lead to better spending tactics by businesses. This will lead to better cash flow, sustained solvency, and a better take on business growth and survival.

Push for a futuristic business approach

Businesses are adopting measures where they are out with the old and in with the new. Thus, making use of the latest advancements will lead to better quality and business culture.

Get assistance from Kronos Group’s procurement digital transformation expertise to enhance operations

Kronos Group’s expertise lies in providing consulting services aimed at digital transformation management in Europe and across the world.

We have significant weightage and exposure in analysing, recommending, and assisting in the implementation of optimised strategies, processes, and technologies for businesses to achieve transformational goals.

Get in touch with us today and assess your digital maturity for free and explore how you can collaborate to improve your business processes. Let us assist you in diving into digital transformation management.

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FAQ

What do you need to know?

Why are businesses reluctant to adopt digital transformation strategies?

Firms are reluctant to adopt and invest in digital transformation because benefits are most likely to be gained in the long run rather than in the short run. This is because transformation aims for fundamental, cultural, operational, and mindset change, which takes time for the businesses to adopt. However, with the help of a digital transformation consultant, a firm can shorten the gap at which benefits can be derived.

What are the characteristics of a digital transformation consultant?

A successful transformation consultant has a blend of hard and soft skills. They must be reliable, responsible, accountable, easy to communicate with, analytical, and passionate about helping you achieve your business objectives.