TECHNOLOGY
Will the rise of AI and automation replace human workforces ? The extension of these and other technologies into every aspect of procurement inevitably leads to the question as to whether , one day , automation and AI will replace humans entirely . KPMG ’ s paper ‘ Future Proof Procurement ’, contemplates a scenario in which algorithms replace humans leading to the demise of the procurement function . It concludes that , in order to survive , the procurement function will need to continually reinvent itself , finding new ways to deliver business value . “ The good news is ,” says Rose , “ that there are many opportunities for procurement to deliver more – be that driving more innovation from the supply base , orchestrating ESG in the supply chain , or reducing risk back to source .
“ Whatever form that value takes , procurement will need to harness digitalisation , be a catalyst for change , continuously learn , innovate and transform . That has fundamental implications for the skills required in the future digital procurement workforce .”
Requirements of a successful digital workforce , and how KPMG empowers its employees When asked what kind of skill sets are required for a successful digital workforce , and how KPMG ensures that its employees are properly trained and equipped for this new way of working , Rose points out that with the rapidly evolving role of procurement , the traditional approach of matching people to jobs and role-based training will no longer suffice .
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