Entrepreneurial procurement movement seems to be taking hold, and may even usher in a time of accelerated change.
But as 2021 draws to a close, what’s the state of procurement profession look like?
Hear about the key findings of research focus on entrepreneurial orientation, digitization, and ESG, as well as considering procurement reporting structures.
In this episode of the Art of Procurement Podcast, host Philip Ideson is joined by Dr. Marcell Vollmer, Partner and Director at Boston Consulting Group, and Christoph Bode, Professor at the Business School of the University of Mannheim and Endowed Chair of Procurement. They recently collaborated, with the assistance of ISM, to survey the procurement profession, and have published their findings in the newly released report “State of the Procurement Profession 2021.”
The key findings of the research focus on entrepreneurial orientation, digitization, and ESG, as well as considering procurement reporting structures:
- Early indications that the first ‘big wave’ of procurement digitalization may be coming to an end
- Why recent concerns about supply chain risk are changing how companies approach sustainability, and why this shift plays to procurement’s strengths
- The mindset and risk tolerance that are observed in entrepreneurial procurement teams – who also appear to be outperforming their peers
Go to the Art of Procurement Podcast to listen.