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TOP FIVE TRENDS TO IMPACT PROCUREMENT
Procurement and supply chain management is constantly changing. Here we reflect the views of a procurement leader on what the future might hold.
We have reproduced Tom’s top 5 list for three reasons: Firstly, it is a fascinating insight into a whole range of developments that will have a fundamental impact on the way supply chains are managed in the future. Secondly, it clearly positions SRM (in Tom’s opinion) as the most influential trend likely to affect procure- ment in the next five years. Finally, it’s clear that SRM, if done well, will be a significant enabler for organisations to either take advantage of these emerging trends or to mitigate against their negative impact.
Tom Linton is the chief procurement and supply chain officer at Flextronics, the giant US electronics manu- facturing services company. Tom has been a keynote speaker at many procurement conferences where, amongst other subjects, he has presented a fasci- nating personal perspective on the top trends influencing procurement. From the research we have conducted and our engagements across many FTSE 100 and Fortune 500 organisations, we would broadly agree with Tom’s view.
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