Maggie Slowik (Procurement Leaders blog) lists the top 10 trends that will effect procurement over the next 10 years. The trends were presented by Tom Linton, CPO of Flextronics, at the World Procurement Congress at the London Hilton on Park Lane. Here are the top 5:
5. Control tower models replace traditional procurement functions
4. The growth of regional and local sourcing
3. Unpredictability becomes more predictable
2. Corporate social and environmental responsibility (CSER) becomes fundamental
1. Non zero approaches to supplier management evolve SRM