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Why is Procurement Suffering from a Crisis of Confidence?

Like any group of people engaged in a common activity, procurement and supply chain folk every now and again like to engage in what we might charitably call “strategic visioning” about the future of the profession. If we’re being less charitable, we might call it navel gazing (or worse). But we seem to be in one of those periods now. There is a definite sense around the profession/industry that procurement is at some sort of crossroads, tipping, or inflection point in its history and development.

A must-read for all procurement professionals, Peter Smith walks through why procurement is suffering from a crisis of confidence, and more importantly, what they can do to overcome it.

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