Technology innovations, a more processed approach to buying and the advent of global sourcing have all bolstered the procurement profession over the past 20 years. This has had an incredible impact on profit growth in U.S. corporations. As we look ahead, we should expect to see additional macro changes that will have a significant impact on the procurement profession. Being nimble enough to adapt to those changes will enable the ability to fund growth in corporations.
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Technology innovations, a more processed approach to buying and the advent of global sourcing have all bolstered the procurement profession over the past 20 years. This has had an incredible impact on profit growth in U.S. corporations. As we look ahead, we should expect to see additional macro changes that will have a significant impact on the procurement profession. Being nimble enough to adapt to those changes will enable the ability to fund growth in corporations.