been an essential customer-supplier relationship-based negotiation . Where previously procurement was a more binary function , it has just excelled as a key stakeholder within so many organisations . I say that because effective relationships don ’ t happen in a vacuum . They require stakeholder input , contribution , and ownership , from across an entire ecosystem . Procurement is still the best custodian of modern relationship technology , but we ’ ve just seen the imperative of a joined-up collaborative approach .”
As for whether human and tech augmentation is an absolute necessity in modern procurement practices , there ’ s an ongoing debate . On the one hand , tech evangelists will tell you that there is no procurement without modern means . On the other hand , some maintain that the traditional procurement methods are still effective - because of the very human nature of them . “ I think it depends on the area of procurement . Sheldon says . Certain disciplines within the function can and do perform adequately without notable tech intervention . However , I should add that the procurement tech landscape is
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