target audience: TECH SUPPLIER Publication date: Nov 2023 - Document type: Market Perspective - Doc Document number: # US51339322
The Convergence of Supply Chain and Procurement
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Abstract
This IDC Market Perspective examines the interrelationship between supply chain design and direct procurement.
"If supply chains do look to reevaluate and shift their global sourcing strategies in 2024 and beyond, or even rethink where they manufacture/assemble, aligning direct procurement strategies with supply chain design should be a necessary prerequisite, or at least an important capability," says Simon Ellis, group VP for U.S. Manufacturing and Supply Chain, IDC.