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2011 To 2025: The Evolution Of How The C-Suite And Boardroom Views Procurement

Procurement Insights

The following is a 31-minute video of a 2011 lecture I gave at eWorld. It made me wonder if and how the C-Suite view of procurement has evolved over the past 14 years. Starting with the CFO, then the CIO, CEO, and The Board, here is the outline of changes in how top executives view procurement going forward in 2025.

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The Importance of Supply Chain Visibility for Procurement

NLPA (Next Level Purchasing Association)

Supply chain visibility is essential for successful procurement, as it enables businesses to proactively manage risks and optimize their supply chain. Benefits of Investing in Supply Chain Visibility To address these challenges, businesses are increasingly turning to supply chain visibility solutions.

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History and Evolution of Supply Chain and Logistics

SCMDOJO

Although logistics represents a whole system of space/time interdependencies, we believe that the discussion of its history and its chronological evolution still requires extensive studies to explore its origin and its advance in time, from a new point of view. Neil Southern, 2011). Neil Southern, 2011). Thorpe (1916)).

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Selecting the right service provider partner for each one of the three steps or stages of procurement digital transformation success

Procurement Insights

They say that, like truth, good ideas stand the test of time. Considered to be a breakthrough assessment of the purchasing industry at the time, I felt that there were several gaps in the study. The right technology will enable enterprise-wide supply management, external supply chain visibility, and internal and external collaboration.