Remove Balance Remove Global Sourcing Remove Risk Management
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The Future of Procurement Is Upon Us. Are You Ready?

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Niul Burton wrote a great article in Industry Week titled “Procurement 2025: 10 Challenges that Will Transform Global Sourcing”. Challenges in this new manufacturer/supplier partnership Burton cites include: Risk management. Globalization. Burton predicts that China and Brazil will become hubs for global sourcing.

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Procurement in the Age of Uncertainty: 4 Lessons from the New Forrester Study

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Such broad priorities require new supplier strategies, new information and a delicate balancing act between competing objectives. Some suites have embedded MDM capabilities that can unify data across the enterprise and fix issues at the source. Furthermore, their rapidly shifting nature requires a new level of agility.