Agility will be key to keeping pace with a fast-changing landscape. And technology is transforming the shape of the procurement workforce: automating lower-value tasks, and moving the focus to higher-value activities like category innovation.
As a result, the procurement function of the future will look very different.
Category managers endlessly running a single category will be rare. As priorities constantly shift, procurement must be able to scale specialist resources up and down, while doing more with less.
An agile operating model encompasses all aspects of the procurement organisation:
A global telecoms firm has broken down its rigid category team structure, creating a more fluid procurement function – with a greater focus on high-value, and even business-critical, initiatives.
It’s no longer business as usual for procurement. The scale and speed of transformation required to address market disruption is extraordinary.
Success requires a blueprint for turning disruptive events into opportunities to drive competitiveness and growth.
This is what the future demands of procurement. Contact us today to start moving forward.