The Hackett Group’s Melani Flores on this important trend that is impacting procurement.
Melani’s Big Idea revolves around Cyber Security and the need for procurement teams to manage their own data privacy risks. She also recognises that the future of efficient procurement lies in collaboration, but how secure are those flows of information?
Looking to the future, Chris Sawchuk, Principle and Global Procurement Advisory Practice Leader at The Hackett Group, spoke about organisational agility and the need for organisations to adapt and move quickly in a constantly-changing business environment.
From a procurement standpoint, Chris argued that it means learning from the likes of Uber and being more customer centric and delivering value beyond cost savings, while being more active in promoting itself as a function.
Tania Seary, founder of Procurious, started off with an statistic that there are 27 indigenous tribes in the Amazon region that are entirely disconnected from the rest of the world, comparing that to the often isolated procurement profession.
Tania looked at the impact of social media on the profession, and how it can help to create the community for procurement to allow us to work together, solve problems and ultimately create value for businesses. One of these platforms is Procurious.
Dr David Hames, Executive Chairman – Science Warehouse, is tapping spend data analytics and the eMarketplace.
Growth in the area has been driven by B2C – and as a result we’re seeing a huge digital revolution. However the technology is only driven by the data behind it, and this is what lies behind the good Dr’s idea…