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Three Procurement Challenges You Must Address

Procurement organizations face business risks from all direction: supply chain and sourcing disruptions from trade disputes, and demands from senior management to become more strategic, analytical, customer focused and oh yes, accelerate the digital transformation process. The list is long, resources are short and the competition relentless. How do you prioritize the To Do list? And where do you get the resources? This article takes a crack at addressing both questions.

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What You Will Learn

  • SourceToday’s pick of three priorities for procurement organizations.
  • Where the current trade war might be heading and what it means for procurement.
  • Why the strong US economy is undermining your ability to hire talent.
  • Why digital transformation is not an option and how you can adopt AI.

Meet the Author

Bruce Rayner is a Contributing Editor for SourceToday. For the past 30 years, he has been a keen observer of global business and technology trends with a focus on the electronics supply base and supply chain management. His experience includes staff editor at Harvard Business Review, Editorial Director of Electronics Business magazine and EBN, Director of Thought Leadership at IHS, and Vice President of Consulting and Market Research at Technology Forecasters.

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