Is Procurement an Art or a Science? [Plus+]

Is procurement an art or a science? During the early part of my career, twenty years and more ago, it would certainly have been tempting to say “art.” Not that many of us were particularly creative, but there were certainly aspects of what we did that didn’t seem very scientific! Identifying suppliers was a pretty hit and miss affair in the days before supplier networks or even Google. Going through a sourcing process was often a case of collecting some paper-based proposals (in response to a requirement document) and then trying to analyse them in a way that made some sense (enough, at least, to convince the CPO that my recommendation was sound).

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