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A Rapidly Changing Procurement Space Provides a Wealth of Opportunities - Bain Capital Ventures

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The future of procurement technology is here today.

Future of Procurement Technology: Upstream Opportunities | Bain Capital Ventures A Rapidly Changing Procurement Space Provides a Wealth of Opportunities 06 Apr 2023 Domain Insights The process of executing a B2B transaction, or procurement, is a whale of a problem. It is much simpler for a consumer to buy one cut of cotton fabric for their sewing hobby than it is for a clothing maker to procure 1,000 pounds of cotton fabric for their shop. When businesses make large purchases, they face a gauntlet of complexities around demand forecasting, vendor discovery, price, negotiations, supply chain vi

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