Procurement and Supply Chain Management

Professors Van Weele and Rozemeijer argue a revolution in purchasing is well overdue. They point to several trends turning procurement on its head including globalization, outsourcing, and a shift in purchasing skills and processes to create value, not simply procure goods and services. The professors argue—and I agree—these are no longer trends; they are a reality. If you are a strategic sourcing professional you should take stock of the trends the professors share and realize it’s time to join the procurement revolution, adopting a cross-functional end-to-end perspective linking internal processes with the needs and capabilities of suppliers and customers.