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Creative Procurement: Walking the talk

Procurement is changing from a focus on cost savings to creativity and innovation in a talent rich supply chain. That’s the talk. The question is whether organizations are walking the talk when they recruit, and, if not, how do we recruit for creativity.

By ·

As a profession, procurement is experiencing a dramatic change in philosophy. In “Charting the course: Why procurement must transform itself by 2020,” the consulting firm Deloitte noted significant shifts already underway. From savings and strategic sourcing (called yesterday’s paradigms), to category leadership and managing procurement systems in a global environment (called today’s paradigm), to a radical approach to thinking about procurement as a creative endeavor, generating new ideas and innovating in a talent rich supply chain (called future paradigm).

In our interactions, senior procurement leaders often emphasize “out of the box thinking” in their supply chains. That shift is certainly on the agenda of supply chain conferences and publications. But we wondered:
When it comes to recruiting new hires in their procurement departments, are companies “walking the talk” with reference to recruiting for innovation and creativity? Or are they stuck in “yesterday’s paradigm?” That question motivated this article.

Procurement professionals are problem solvers. First, the level at which they solve problems and the issues are likely different across strategic, managerial and tactical hierarchies. What are these issues? Do they have any bearing on innovation? Second, what are the dominant thinking approaches that firms stress in hiring for procurement positions? These dominant thinking approaches have a bearing on the person they are likely
to hire and consequent activities.

This complete article is available to subscribers only. Log in now for full access or start your PLUS+ subscription for instant access.

By ·

As a profession, procurement is experiencing a dramatic change in philosophy. In “Charting the course: Why procurement must transform itself by 2020,” the consulting firm Deloitte noted significant shifts already underway. From savings and strategic sourcing (called yesterday’s paradigms), to category leadership and managing procurement systems in a global environment (called today’s paradigm), to a radical approach to thinking about procurement as a creative endeavor, generating new ideas and innovating in a talent rich supply chain (called future paradigm).

In our interactions, senior procurement leaders often emphasize “out of the box thinking” in their supply chains. That shift is certainly on the agenda of supply chain conferences and publications. But we wondered:
When it comes to recruiting new hires in their procurement departments, are companies “walking the talk” with reference to recruiting for innovation and creativity? Or are they stuck in “yesterday’s paradigm?” That question motivated this article.

Procurement professionals are problem solvers. First, the level at which they solve problems and the issues are likely different across strategic, managerial and tactical hierarchies. What are these issues? Do they have any bearing on innovation? Second, what are the dominant thinking approaches that firms stress in hiring for procurement positions? These dominant thinking approaches have a bearing on the person they are likely
to hire and consequent activities.

 


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Article Topics

Procurement · All Topics
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The combined forces of a strong economy, e-commerce growth and a tight labor market are making it more important for distribution center (DC) operations to find ways to make their existing infrastructure and people more productive. Software and automation continue to prove to be a vital part of the solution.
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