Turning the calendar page over to a new year—whether literally or figuratively—always brings out the prognosticators who are eager to share their opinions on what the next 12 months will bring for specific industries, organizations and professions. With 2020 now squarely in the rearview mirror, EY has taken a stab at outlining the 10 trends that it sees as crucial to the future of procurement.
In “Ten trends shaping the future of procurement,” the global consultancy admits that while it doesn’t have a magic crystal ball, it does have access to trends and leading-edge projects from around the world. Based on that intelligence, it has identified these trends that all procurement professionals should be aware of in 2021 and beyond (read the full list of trends here):