The Procurement Value Proposition

Shifting priorities around sustainability and corporate responsibility, fast-moving technology, political tensions and economic swings, and changing demographics are reshaping how companies operate. For purchasing and supply chain managers to keep pace, they will need fresh ways of designing supply networks and workflows, along with new professional abilities.

This book looks at how a changing global economy will alter the future of procurement. It covers the effects on business settings, buying strategies, company structure, job duties, technology systems, and the skills the profession will require. It also argues that procurement contributes to a business's long-term health, and that firms placing it at the center of their operations are better positioned to compete and to respond to disruption.

The author presents case studies of companies in the middle of procurement change, where adjusting to a series of ongoing shifts is an everyday reality. The contributions come from chief procurement officers, commercial directors, and other procurement and business leaders. The book compares practice across the United States, the United Kingdom, and China.