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Disruptive Procurement is a radical new approach to creating value
and innovation by challenging the status quo in the entire product
and service line. It requires going far beyond conventional desktop
procurement to understand the value the company brings to its
customers as well as the value that suppliers bring to the company.
By combining knowledge of these two dimensions, companies become
far more flexible and they move closer to disrupting the
environment in ways that create value. To move toward Disruptive
Procurement, companies need a holistic view and a complete new set
of capabilities for staff in marketing, sales, R&D,
manufacturing, innovation, and, of course, procurement. This will
only happen if procurement is fully backed by the Chief Executive
Officer and companies embrace digital tools that will help make
procurement slimmer and smarter.
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