What is Procurement’s Role in Technological Innovation?
Slides by Tracey Yeh, Head of Global CPE Sourcing of Telstra at Proucrement Success Summit 2018
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Digitization is changing the traditional business model and industry situation. That gives a strong push towards procurement specialization and focus on service. Enterprises must keep flexible and efficient in this increasingly competitive world.
The procurement future is less about cost reduction and more about enabling innovation!
What are the top five challenges that technological innovation management will face in the future?
• Manage technology-based competition
• Manage the new innovation process
• The role of government
• The role of basic research
• Build sustainable business
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