THE PROCUREMENT INTERVIEW
80 %
The amount of a product’ s total cost variability that is typically“ locked in” or determined during the initial design and New Product Introduction( NPI) phase
Looking ahead: spec-to-scale As LightSource prepares to unveil its“ spec-to-scale” multi-agent systems, Spencer’ s vision remains clear: procurement must move from being seen as a“ necessary evil” to a“ critical business driver.”
By moving away from“ procurement as usual”, the cycle of manual entry, IP leakage risks and fragmented data, teams can finally focus on the strategic work they were hired for.
“ In the short term, technology adoption is a popularity contest, but in the long term, it’ s based on actual performance,” Spencer concludes. For a procurement audience facing a“ totally new trade regime” and the physical era of AI, the performance of their digital tools may soon be the most interesting and important topic on the boardroom agenda.
procurementmag. com
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