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Future of the Profession


There are some absolute guarantees in life – one of them is change; some of us fear it, some of us relish it but either way we all have to deal with it.

It is much easier to look back and reflect than look forward and predict. Facing the future for any professional body is critical – but never easy, there are no guarantees or exact science that can be applied to it. Added to this is a volatile global environment that threatens traditional concepts of international trade.

CIPS Supply Century

Defining our future profession

CIPS Supply CenturyOver the past year CIPS has taken a close look into emerging changes in business and markets and analysed a variety of trends to identify opportunities for the Procurement and Supply profession and its next generation of professionals.

As a profession, procurement and supply management is on the precipice of dynamic and disruptive change resulting from volatile trading environments, increasing complexity and the influence of information technology.

Procurement and supply will always remain our heartland but procurement leaders are moving towards a broader influence across the entire supply side, giving a clear line of sight over the entire value chain.

Related concepts

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The following guidance has been developed following the Fellows of the Future (FOF) workshop held in London in May 2016.

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Case Study: Inheriting a Procurement Team

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A procurement strategy is developed in order to establish the direction of how procurement should be organised in order to implement the procurement policy.