Webinar: 5th Generation Purchasing

Over the past years EIPM has investigated how Purchasing organisations evolve to best respond to the current changes in industry and society.

Today EIPM is releasing its new book: “Fifth Generation Purchasing” that will be presented in this webinar

More than ever, as Purchasing leaders, we are expected to deliver on multiple fronts. We are seated on a nexus of tensions and contradictions that make our work challenging, fascinating and essential.

Indeed, most of us need to:

• excel at both efficiency and innovation,

• leverage digital tools and strategic conversations,

• master standardization and personalisation,

• provide results on both cost and sustainability performance.

In this context, one-size-fits-all approaches are irrelevant, adaptability is of utmost importance.

We need to concurrently operate different ways of working to address diverse situations.

And we need to be able to move swiftly from one to another as the world evolves around us.

With leading practitioners we have created a new framework that puts the pace of change at the heart of how we deliver on varied objectives and get things done.

This framework describes six work modes that Purchasing Organizations need to master. The six work modes are based on the speed of change and on both the demand and the supply side.

Purchasing teams will need to adopt a business mindset and move swiftly from one work mode to another.

This webinar will:

• Present the Framework

• Introduce each one of the six modes

• Advise how to adopt the business  mindset necessary to master all modes