Post-Pandemic Procurement

Post-Pandemic Procurement

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You May Ask Yourself: Same As it Ever Was?

During the past two years, Procurement has been challenged to help their organizations maintain profitability and avert supply risk during unprecedented conditions, all while converting to remote working, seemingly overnight. And the profession has proven its mettle, helping lead a robust economic recovery for their businesses.

As pandemic pressures begin to ease, what are the lessons learned and lasting changes for Procurement, post-pandemic?  Our powerhouse panel of Procurement leaders will examine the implications of these key developments: 

  • Remote Work – what have we learned about the need for collaboration? Are we more reliant on technology? Which ones are more essential than before?
  • Focus on Risk – how has Procurement been pressured to take a leadership role in managing supply risk? What strategies and technologies have been most successful and which areas remain vulnerable?
  • Automation’s Axiom – has our definition of “”Digitization”” changed? Is AI the new axiom for automation in an environment where Procurement’s mandate is “”more with less?””
  • Inflation’s Impact  – how can Procurement offset the impact of rising commodity prices? Will traditional Procurement performance metrics such as cost savings need to be adjusted for inflation?”

 

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