Value Architects: Are you ready for the 4th Industrial Revolution?

Having spent the last 3 months researching and writing my book about soft (people) skills, drawing on the behavioural science, social science, decision science and psychology the predicted cross roads for procurement is much closer than I thought! The advent of the 4th Industrial revolution is palpable and the work environment is already beginning to change.

 

Filling the widening talent gap in procurement

In recent years the value proposition of a CPO has shifted as the procurement team are being asked to do more for less or to do many different things within the same team.

Emerging technologies transforming the procurement value proposition

The Deloitte Global CPO Survey for 2016 recently discovered that many CPO’s recognise that there are improvements to be made to the procurement process; cycle times need to be shorter, insight needs to be richer and performance needs to be more transparent and efficient. For these reasons it is expected that disruptive technologies will transform supply market-facing assets in business.

Procurement professional urged to move out of comfort zone to develop skills

In a recent interview with Supply Management, Nick Jenkinson, head of indirect procurement at Aryzta, said switching sectors helps to push people out of their comfort zone and develop more skills.