Remove Balance Remove Global Sourcing Remove Transparency
article thumbnail

The Future of Procurement Is Upon Us. Are You Ready?

ivalua

Niul Burton wrote a great article in Industry Week titled “Procurement 2025: 10 Challenges that Will Transform Global Sourcing”. By 2025, many Directors will be Millennials and will drive to find renewable disposition and consumption approaches to resources while balancing ways to drive revenue. Globalization.

article thumbnail

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

ivalua

Such broad priorities require new supplier strategies, new information and a delicate balancing act between competing objectives. Technology must be employed that supports securely sharing all relevant information between internal stakeholders and suppliers, and it must support effective planning and transparency for project teams.