article thumbnail

Future of Procurement Study Available

Supply Chain View from the Field

I recently completed a study of 25 CPO’s, each providing their view of what procurement will look like in 2025. You can download the full report at this link. Procurement has a history that is linked in the core concepts of centralization, volume leveraging, and cost reduction.

article thumbnail

Five Predictions (About Prediction) that Every Procurement Professional Should Consider

Supply Chain View from the Field

As part of the conference, I’m delivering a talk on five predictions that every procurement professional should consider. These aren’t so much “predictions”, as opportunities that procurement professionals should become aware of, and educate themselves on.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Procurement needs to follow in the steps of marketing

Supply Chain View from the Field

A recent interview I conducted with a former Chief Procurement Officer who has worked for over 25 years in procurement in various industries captures what I believe is the true opportunity that exists for supply management executives. Marketing and IT see this to some extent, but not like procurement.

article thumbnail

Review of “Procurement Value Proposition” misses the point…ISO “Mr. Impossible”!

Supply Chain View from the Field

A recent review by Peter Smith of my new book , “The Procurement Value Proposition”, co-authored with Gerard Chick, provides some solid support for the message Gerard and I were seeking to develop. We need to be up to the challenge of creating the “impossibly talentedprocurement professionals of the future.

article thumbnail

“Procurement at a Crossroads”: Spot On and Makes You Think

NC State SCRC

I had a chance to review the new book by Jim Hansen and Kelly Barner, “ Procurement at a Crossroads “, which explores the many changes that the profession is facing, and challenges individuals to do things differently. (I The authors also go through and explore a number of other procurement issues that are often debated.

article thumbnail

Interview on Buyer’s Meeting Point BlogTalk Radio: Creating Procurement Value is a Lot of Work!

NC State SCRC

We talked about how procurement needs to think about the five core “game changers” that are going on in the world, including the balance of power, technology, globalization, demographics, and sustainability. But you still have responsibility for the lower rungs of the ladder!

article thumbnail

Behind the Numbers of the SCRC Supply Management Index

NC State SCRC

Yung-Yun’s algorithm scanned tens of thousands of targeted news and company reports to develop the ratings in each category. Supply Market Intelligence Enables Improved Ability to Control Inflation. Secondary data sources are published available databases, reports, websites, and so on. Manufacturers or the U.S.