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Webinar Recap: Procurement 2022, Big Trends and Predictions

ivalua

Last week, Ivalua partnered with Ardent Partners to discuss Procurement 2022: Big Trends and Predictions. . Procurement 2022: Big Trends and Predictions. #1. Organizations must shift focus toward strengthening their procurement processes and procedures to gain 100% supply chain visibility. View Webinar Replay. More on that here.

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Boston Procurement Leaders part 3: Talent Management Challenges

Supply Chain View from the Field

One of the most interesting panels from the Boston Procurement Leaders conference was focused on Talent Management. We heard from a number of speakers on the subject of how the need for talent is shifting dramatically in the years ahead. We see people who have emotional intelligence and who can be an influencer.

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Which supply chain and procurement skills will best equip us for the future?

Procurement Academy

For those of us working in the field of supply chain and procurement education, it’s an open secret. But the same is most emphatically not true of supply chain and procurement. Business schools and conventional approaches to supply chain and procurement education struggle to keep pace with all this change.

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For supply chain managers to become a trusted advisor, talent management is key

Supply Chain View from the Field

A CPO in the financial services industry also noted that a need to redefine procurement’s role in the enterprise is happening, driven by the recognition that a new type of procurement capability is needed: Prior to our transformation, the ONLY metric by which our performance was measured is how much money we saved for the organization.

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Supply chain talent management remains a priority at Lenovo

Supply Chain View from the Field

I recently interviewed John Zapko at Lenovo, who talked to me about some of the issues Lenovo is facing globally around supply chain talent management. As we drive in this complex world, having that level of talent is really critical for us, and it is clearly the biggest challenge we have.

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2024: Planning for Success Amid the Uncertainty

Logistics Viewpoints

Sourcing and procurement comes in close second at 88 percent, followed by innovation at 87 percent. Logistics and inventory management rounds out the top four focus areas at 82 percent. Other critical functions include order management, manufacturing, and product development. Remember that talent management matters.

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COVID-19: Three challenges procurement leaders must address in the next three months

Proxima

My point here is that we’re now entering what many are calling the ‘new normal’, where a new pattern of life is established based around the need to manage and mitigate the COVID-19 pandemic. This presents challenges for procurement leaders. Just as the world is having to change, Procurement will need to change too.