1.
MUST READ
The Fourth Industrial Revolution will be a driver of a number of disruptions to hit procurement as a profession – but also the stakeholders that we support. So how can we prepare, and be ready to lead our organizations as they embrace these changes?
That is the topic of this week’s “must read”:
Procurement & the Fourth Industrial Revolution | Dan Bartel, Group VP, Head of Supply Chain Management, Electrification Products Division, ABB
For a good primer, check out The Fourth Industrial Revolution: What is Means, How to Respond by Klaus Schwab, Founder and Executive Chairman, World Economic Forum.
2.
OTHER INTERESTING ARTICLES
Humility – Key to Successful Supplier Relationship Management | State of Flux Staff
Top CPO’s Discuss How To Engage the CFO | Coupa Staff
Direct Material Procurement Woes and How to Fix Them | Lora Cecere, Supply Chain Insights
Managing Innovation: The New Challenge for Strategic Sourcing | Pierre Mayence
Spotlight on False News Highlights Need for Authoritative Sources and Triangulation (in Supply Market Intelligence) | Jeanette Jones, Cottrill Research
How Will You Start Driving Strategic Value? | Amber Christian, ConsultAce
Principles & Practicality: Foreign Trade and the Global Supply Chain Executive [PDF] | Sean Ryan, A.T. Kearney (from ISM Magazine, November/December 2016)
3.
PROCUREMENT RELATED NEWS
Ground Breaking Alliance to Support the Enablement of Australasian Indigenous Communities | CIPS News
4.
QUOTE FROM THE ARCHIVE
“Procurement to my mind should be forward thinking with regards pushing a business towards future success and a lot less about executing historical business more efficiently”
– Tom Derry, CEO, Institute for Supply Management
5.
THIS WEEK @ THE ART OF PROCUREMENT
106: Eight Steps to Post-Award Strategic Cost Management w/ Jimmy Anklesaria, Founder, Anklesaria Group.
107: 5 Tips to Maintaining Your Supplier Relationship After a Tough Negotiation – Friday Show
Have a great weekend!
