It used to all be about cars – now drugs and money are where it’s at.
At least that’s what Richard Nixon, a partner at KPMG procurement advisory, argues in the latest issue of SM.
He says that while the procurement leaders of the past came from the automotive sector, the leaders of the future are in the financial and pharmaceutical industries.
The latter is highlighted as having rigorous buying practices and as the pioneer of supply chain management, whereas in the financial services sectors purchasers are seen as particularly good at sourcing technology.
Do you agree? If so, why do you think these sectors are seen as the best? If not, do you think there are some sectors that have been overlooked? For example, will the focus on procurement in the public sector mean we can expect to see leaders of the future at councils or in government departments?