WHAT DOES PROCUREMENT LOOK LIKE FOR BUSINESSES IN 2020 ?
IN FOCUS
can be consumed in a multi-channel way to maximise our customers ’ experience . To compliment the digital , advisory and one-to-one offerings , our large-scale congresses , member hosted exchanges and supplier innovation accelerators offer a wide range of in person networking experiences .
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WHAT DOES PROCUREMENT LOOK LIKE FOR BUSINESSES IN 2020 ?
I strongly believe that procurement will become far more strategic to the business , continuing the trajectory it
“ I STRONGLY BELIEVE THAT PROCUREMENT WILL BECOME FAR MORE STRATEGIC TO THE BUSINESS , CONTINUING THE TRAJECTORY IT HAS BEEN ON FOR 20 YEARS ”
— Nandini Basuthakur CEO , Procurement Leaders has been on for 20 years from its legacy as a back-office function . However , many of the current tasks will become automated and digitalised , leaving procurement professionals to focus on the management of complex , reciprocal relationships in the supply network ; supplier-collaboration initiatives for the collective good of the value chain and harnessing data to inform better business decisions . There is a risk that those procurement functions that don ’ t evolve quickly become obsolete .
MARCH 2020