{"id":50549,"date":"2023-04-26T07:33:24","date_gmt":"2023-04-26T12:33:24","guid":{"rendered":"https:\/\/simfoni.com\/?p=50549"},"modified":"2023-05-10T08:39:21","modified_gmt":"2023-05-10T13:39:21","slug":"build-procurement-resilience","status":"publish","type":"post","link":"https:\/\/simfoni.com\/procurement-strategy\/build-procurement-resilience\/","title":{"rendered":"How To Build Procurement Resilience Amidst Staffing Shortages"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"50549\" class=\"elementor elementor-50549\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"has_eae_slider elementor-section elementor-top-section elementor-element elementor-element-b0b887a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-eae-slider=\"64635\" data-id=\"b0b887a\" data-element_type=\"section\" data-e-type=\"section\" data-settings='{\"pix_scale_in\":\"none\"}'>\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-551b4ee\" data-eae-slider=\"272\" data-id=\"551b4ee\" data-element_type=\"column\" data-e-type=\"column\" data-settings='{\"pix_scale_in\":\"none\"}'>\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f1fe603 elementor-blockquote--skin-border elementor-blockquote--button-view-icon-text elementor-blockquote--button-skin-classic elementor-widget elementor-widget-blockquote\" data-id=\"f1fe603\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"blockquote.default\">\n\t\t\t\t\t\t\t<blockquote class=\"elementor-blockquote\">\n\t\t\t<p class=\"elementor-blockquote__content\">\n\t\t\t\tEmbracing the transformative potential of <a href=\"https:\/\/simfoni.com\/procurement\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Procurement\" target=\"_blank\" rel=\"noopener\">procurement<\/a> technology enables teams to build new capacities for resilience amid staffing challenges\t\t\t<\/p>\n\t\t\t\t\t\t\t<div class=\"e-q-footer\">\n\t\t\t\t\t\t\t\t\t\t\t<cite class=\"elementor-blockquote__author\">Simfoni.com<\/cite>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/twitter.com\/intent\/tweet?text=Embracing+the+transformative+potential+of+procurement+technology+enables+teams+to+build+new+capacities+for+resilience+amid+staffing+challenges+%E2%80%94+Simfoni.com&amp;url=https%3A%2F%2Fsimfoni.com%2Fprocurement-strategy%2Fbuild-procurement-resilience%2F&amp;via=simfoniapps\" class=\"elementor-blockquote__tweet-button\" target=\"_blank\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fab-twitter\" viewbox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M459.37 151.716c.325 4.548.325 9.097.325 13.645 0 138.72-105.583 298.558-298.558 298.558-59.452 0-114.68-17.219-161.137-47.106 8.447.974 16.568 1.299 25.34 1.299 49.055 0 94.213-16.568 130.274-44.832-46.132-.975-84.792-31.188-98.112-72.772 6.498.974 12.995 1.624 19.818 1.624 9.421 0 18.843-1.3 27.614-3.573-48.081-9.747-84.143-51.98-84.143-102.985v-1.299c13.969 7.797 30.214 12.67 47.431 13.319-28.264-18.843-46.781-51.005-46.781-87.391 0-19.492 5.197-37.36 14.294-52.954 51.655 63.675 129.3 105.258 216.365 109.807-1.624-7.797-2.599-15.918-2.599-24.04 0-57.828 46.782-104.934 104.934-104.934 30.213 0 57.502 12.67 76.67 33.137 23.715-4.548 46.456-13.32 66.599-25.34-7.798 24.366-24.366 44.833-46.132 57.827 21.117-2.273 41.584-8.122 60.426-16.243-14.292 20.791-32.161 39.308-52.628 54.253z\"><\/path><\/svg>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-blockquote__tweet-label\">Tweet<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/blockquote>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-51e8500 elementor-widget elementor-widget-text-editor\" data-id=\"51e8500\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"NormalTextRun SCXW253310579 BCX0\">The most valuable resource that <a href=\"https:\/\/simfoni.com\/procurement\/\" target=\"_blank\" rel=\"noopener\"><strong>procurement <\/strong><\/a><\/span><a href=\"_wp_link_placeholder\"><strong><span class=\"NormalTextRun SCXW253310579 BCX0\">possesses<\/span><\/strong><\/a><span class=\"NormalTextRun SCXW253310579 BCX0\"> is undoubtedly its talented workforce. It is important to recognize that staffing decisions play a critical role in achieving procurement goals and <\/span><span class=\"NormalTextRun SCXW253310579 BCX0\">objectives<\/span><span class=\"NormalTextRun SCXW253310579 BCX0\">. However, CPOs <\/span><span class=\"NormalTextRun SCXW253310579 BCX0\">frequently<\/span><span class=\"NormalTextRun SCXW253310579 BCX0\"> note that attracting and <\/span><span class=\"NormalTextRun SCXW253310579 BCX0\">retaining<\/span><span class=\"NormalTextRun SCXW253310579 BCX0\"> top talent is a chronic challenge. A 2022 Ernst &amp; Young survey of CPO&rsquo;s revealed that 44% of respondents confirmed that the market is not able to provide them with their required talent, yet 68% confirmed that their procurement function has taken on increasing importance and a more strategic role in their organizations.&nbsp;<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"has_eae_slider elementor-section elementor-top-section elementor-element elementor-element-3e88233 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-eae-slider=\"78740\" data-id=\"3e88233\" data-element_type=\"section\" data-e-type=\"section\" data-settings='{\"pix_scale_in\":\"none\"}'>\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-66 elementor-top-column elementor-element elementor-element-111f533\" data-eae-slider=\"36690\" data-id=\"111f533\" data-element_type=\"column\" data-e-type=\"column\" data-settings='{\"pix_scale_in\":\"none\"}'>\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5249aff elementor-widget elementor-widget-text-editor\" data-id=\"5249aff\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"NormalTextRun SCXW47693413 BCX0\">Over the last several years, procurement departments have experienced a considerable rise in staff turnover and migration away from procurement roles. This has led to fierce competition for talent on a global scale but only a negligible 3% of respondents in the <\/span><span class=\"NormalTextRun AdvancedProofingIssueV2Themed SCXW47693413 BCX0\">aforementioned survey<\/span><span class=\"NormalTextRun SCXW47693413 BCX0\"> revealed their intention to prioritize recruitment efforts for procurement. With staffing concerns taking such low precedence, how can procurement operations run smoothly without the right personnel in place?<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e9c2da4 elementor-widget elementor-widget-text-editor\" data-id=\"e9c2da4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><strong>The answer lies, unsurprisingly, in technology adoption.&nbsp;<\/strong><\/p><p><span data-contrast=\"none\">Technology can be a game-changer in times of staffing shortages. While procurement leaders must prioritize building a team equipped with the cutting-edge expertise needed to thrive in today&rsquo;s unpredictable landscape, they can also build a greater capacity for resilience during staffing shortages through technology adoption. Digitizing processes with the help of <a href=\"https:\/\/simfoni.com\/procurement-software-101\/\" target=\"_blank\" rel=\"noopener\"><strong>procurement software<\/strong><\/a> automates routine tasks, frees up resources and allows staff to focus on more complex decisions and strategic activities that require human expertise. For example, companies can automate laborious processes such as purchase order requisitions, reduce errors and increase speed to market without the need for additional staffing.&nbsp;<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-45bd7e9 elementor-widget elementor-widget-text-editor\" data-id=\"45bd7e9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #ff6600;\"><strong>Read More:-<\/strong><\/span> <a href=\"https:\/\/simfoni.com\/procurement-strategy\/build-procurement-resilience\/\" target=\"_blank\" rel=\"noopener\"><strong><span class=\"TextRun SCXW35713990 BCX0\" lang=\"EN-IN\" xml:lang=\"EN-IN\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW35713990 BCX0\">4 Spend Data Differentiation Strategies That Will Set Your Company Apart<\/span><\/span><\/strong><\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-66b21d7\" data-eae-slider=\"34622\" data-id=\"66b21d7\" data-element_type=\"column\" data-e-type=\"column\" data-settings='{\"pix_scale_in\":\"none\"}'>\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1ada380 elementor-widget elementor-widget-text-editor\" data-id=\"1ada380\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<iframe src=\"https:\/\/simfoni.com\/web-stories\/how-to-build-procurement-resilience\/\" width=\"auto\" height=\"550px\"><\/iframe>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"has_eae_slider elementor-section elementor-top-section elementor-element elementor-element-b9c26da elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-eae-slider=\"19265\" data-id=\"b9c26da\" data-element_type=\"section\" data-e-type=\"section\" data-settings='{\"pix_scale_in\":\"none\"}'>\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-10d6e50\" data-eae-slider=\"36174\" data-id=\"10d6e50\" data-element_type=\"column\" data-e-type=\"column\" data-settings='{\"pix_scale_in\":\"none\"}'>\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4440ad0 elementor-widget elementor-widget-text-editor\" data-id=\"4440ad0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"NormalTextRun SCXW266414804 BCX0\"><a href=\"https:\/\/simfoni.com\/spend-management-101\/\" target=\"_blank\" rel=\"noopener\"><strong><span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">Spend Management<\/span><\/strong><\/a> solutions like those offered by Simfoni provide businesses with the tools necessary to streamline procurement functions while leaving human staff free to tackle more complex tasks that add value and strategic vision. But the adoption of technology is not just a temporary solution to the staffing challenge. Simfoni&rsquo;s <a href=\"https:\/\/simfoni.com\/spend-management-101\/\" data-internallinksmanager029f6b8e52c=\"8\" title=\"Spend Management\" target=\"_blank\" rel=\"noopener\"><span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">spend management<\/span><\/a> tools come with a team of procurement experts who work alongside your internal staff to build new capabilities and improve existing ones, ensuring long-term resilience for the organization. And this level of support is ongoing, ensuring companies can adapt and evolve as the procurement landscape continues to shift, and your company needs evolve. Simfoni customers have likened it to having a dedicated procurement team on call, <\/span><span class=\"NormalTextRun SCXW266414804 BCX0\">providing<\/span><span class=\"NormalTextRun SCXW266414804 BCX0\"> peace of mind and renewed focus to tackle today&rsquo;s most pressing challenges.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ddb29b9 elementor-widget elementor-widget-image\" data-id=\"ddb29b9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t<figure class=\"wp-caption\">\n\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1800\" height=\"942\" src=\"https:\/\/simfoni.com\/wp-content\/uploads\/2023\/04\/Business-Resilience.jpg\" class=\"attachment-full size-full wp-image-50558\" alt=\"Business Resilience\" srcset=\"https:\/\/simfoni.com\/wp-content\/uploads\/2023\/04\/Business-Resilience.jpg 1800w, https:\/\/simfoni.com\/wp-content\/uploads\/2023\/04\/Business-Resilience-300x157.jpg 300w, https:\/\/simfoni.com\/wp-content\/uploads\/2023\/04\/Business-Resilience-1024x536.jpg 1024w, https:\/\/simfoni.com\/wp-content\/uploads\/2023\/04\/Business-Resilience-768x402.jpg 768w, https:\/\/simfoni.com\/wp-content\/uploads\/2023\/04\/Business-Resilience-1536x804.jpg 1536w, https:\/\/simfoni.com\/wp-content\/uploads\/2023\/04\/Business-Resilience-150x79.jpg 150w\" sizes=\"(max-width: 1800px) 100vw, 1800px\"\/>\t\t\t\t\t\t\t\t\t\t\t<figcaption class=\"widget-image-caption wp-caption-text\">Business Resilience<\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e4f59db elementor-widget elementor-widget-text-editor\" data-id=\"e4f59db\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #ff6600;\"><strong>Read More:-<\/strong><\/span>&nbsp; <strong>&nbsp;<span style=\"color: #008080;\">Guide to <a style=\"color: #008080;\" href=\"https:\/\/simfoni.com\/procurement-software-101\/\" target=\"_blank\" rel=\"noopener\">Procurement Software<\/a><\/span><\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"has_eae_slider elementor-section elementor-top-section elementor-element elementor-element-44893cb elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-eae-slider=\"91243\" data-id=\"44893cb\" data-element_type=\"section\" data-e-type=\"section\" data-settings='{\"pix_scale_in\":\"none\"}'>\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-31dfe52\" data-eae-slider=\"96725\" data-id=\"31dfe52\" data-element_type=\"column\" data-e-type=\"column\" data-settings='{\"pix_scale_in\":\"none\"}'>\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7e8e6c0 elementor-widget elementor-widget-text-editor\" data-id=\"7e8e6c0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW222377366 BCX0\" lang=\"EN-IN\" xml:lang=\"EN-IN\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW222377366 BCX0\">It&rsquo;s<\/span><span class=\"NormalTextRun SCXW222377366 BCX0\"> this powerful combination of <\/span><span class=\"NormalTextRun SCXW222377366 BCX0\">cutting-edge<\/span><span class=\"NormalTextRun SCXW222377366 BCX0\">, yet easy-to-use procurement technology, backed by human procurement experts, that helps businesses not only mitigate staffing deficiencies but <\/span><span class=\"NormalTextRun AdvancedProofingIssueV2Themed SCXW222377366 BCX0\">actually increase<\/span><span class=\"NormalTextRun SCXW222377366 BCX0\"> efficiency, improve decision-making, and build a stronger foundation of resilience for the future.<\/span><\/span><span class=\"EOP SCXW222377366 BCX0\" data-ccp-props='{\"201341983\":0,\"335559739\":160,\"335559740\":254}'>&nbsp;<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-02f5c7f elementor-widget elementor-widget-text-editor\" data-id=\"02f5c7f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #008080;\"><strong><span class=\"NormalTextRun SCXW243743180 BCX0\">Don&rsquo;t let a shortage of talent stop you from realizing your strategic procurement goals. <a href=\"https:\/\/simfoni.com\/demo\/\" target=\"_blank\" rel=\"noopener\"><span style=\"color: #ff6600;\">Schedule a consultation with <\/span><\/a><\/span><a href=\"_wp_link_placeholder\"><span class=\"NormalTextRun SCXW243743180 BCX0\" style=\"color: #ff6600;\">Simfoni<\/span><\/a><span class=\"NormalTextRun SCXW243743180 BCX0\"> today and see how we can help you build a resilient procurement function.<\/span><\/strong><\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Embracing the transformative potential of procurement technology enables teams to build new capacities for resilience amid staffing challenges Simfoni.com Tweet The most valuable resource that procurement possesses is undoubtedly its talented workforce. It is important to recognize that staffing decisions&hellip;<\/p>\n","protected":false},"author":1,"featured_media":50553,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"give_campaign_id":0,"footnotes":""},"categories":[530],"tags":[470],"class_list":["post-50549","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-procurement-strategy","tag-procurement-cost-reduction"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>How To Build Procurement Resilience Amidst Staffing Shortages<\/title>\n<meta name=\"description\" content=\"Learn how to build procurement resilience with Simfoni&#039;s spend management solutions. 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