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.
When businesses are increasingly turning to outsourcing products and services that are outside of their core business offering, it can be difficult to keep control of the supply base and ensure they are meeting their delivery objectives.
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.
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