The chief procurement officer in an uncertain world

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Procurement is one of the few business functions to have a clear line of sight over how the macro-environment and supplier-base activity impacts directly on corporate profi tability, allowing it potentially to exert significant infl uence over organisations. Yet procurement teams are still struggling to make the transition from transactional processing to strategic business function – a major concern in today’s highly uncertain, fast-changing global environment. From the Brexit vote to Donald Trump and the election of Emmanuel Macron to the near election of Jeremy Corbyn, alongside increased antipathy by voters towards globalisation and greater concerns about terrorism, the upsets and surprises of the last year have been frequent and far reaching.

The chief procurement officer in an uncertain world