When an Olympic athlete wants to achieve more, does he or she raise the bar to improve the skill, or improve the skill to ensure they hit the mark of the raised bar? We might ask a similar question of procurement...
Due to the complexity and inter-dependencies of these megatrends and the diversity of affected countries, markets and companies it’s difficult to assess the impact on procurement but leading procurement managers foresee major changes in a couple of focal areas within the next decade.
Procurement has been faced with fundamental changes of the business environment over the last few years and from my point of view there is one decisive factor to turn threads into opportunities: people.
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