As procurement looks toward 2035, leaders will have to face deeper transformation requirements than simply adding AI tools. They will have to rethink their operating models, talent, data, and decision-making. Uncomfortable though it might be, this will be essential if the function is to move from transactional purchasing to strategic value creation.
In this episode of The Sourcing Hero podcast, Host Kelly Barner welcomes David Loseby. David is a former CPO, a speaker, an author, a “pracademic”, an advocate, and the editor of two very well regarded journals: The Journal of Public Procurement and the Journal of Responsible Production and Consumption.
Highlights
David shares and discusses some of the key points from his recent article on procurement leadership in 2035:
- How the role of Chief Procurement Officer will differ from today’s version of the job
- How procurement leaders should think about AI as part of their operating model rather than just a tool layered on top of existing processes
- The new skills and mindsets procurement teams will need to succeed in an AI-enabled environment
Links
Procurement Leadership in 2035… and why just adding a bit of AI won’t do
