With the cost of capital low and corporate bank accounts flush, there may be more mergers this year, say some economists. Procurement will play a big role in these mergers, so it's good to see what's involved and how procurement has handled other mergers.
Unquestionably, Big Data holds great potential for procurement to do great things, such as accurately forecasting the direction of market and demand trends. But we shouldn’t forget that other data category that is a cousin of Big Data - business software.
Both Hughes and Paterson, throughout their careers, have exhibited a dedication to analytics, supplier management, and stakeholder collaboration that will be essential for the next generation of leaders
Procurement is not officially in charge of quality control in most manufacturing companies. Still, when a supplier - whether a contractor or a parts supplier - falls down on the job, that’s certainly something for procurement to address
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