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As time passed, procurement gradually gained a larger role in the scope of manufacturing and order fulfillment. By the mid-1950s , procurement had become a commonplace aspect of minor business, and procurement was almost comparable to secretarial work. Why Is Technology Driving Procurement Trends and the Role of Procurement?
Digital Procurement article, and permission to publish here, provided by Sam Jenks at kodiakrating.com. Navigating the complexity of the global supply chain as a procurement professional can sometimes feel like taking a walk through the Amazon without a compass, or entering into outer space without an oxygen tank. Don’t Panic!
Amazon’s trucking fleet is expanding rapidly; it launched in 2005 with the purchase of thousands of trailers used to shift goods between fulfillment centers. Not huge, but it’s only going to grow – the planned 210 acre Amazon airport in Kentucky will support up to 200 flights daily. Source: Amazon.com.
The growing company began selling clothes under its own name, it procured a distribution center in Kentucky, and venture capitalists started to take notice—leading to at least $40 million in funding. The purchase includes full rights to the brand and includes eliminating its brick-and-mortar locations in Los Angeles and Santa Monica.
It’s likely that in the coming months and years, many supply chain leaders will look to automation solutions that help to minimize physical contact and the number of touches required to move products through the supply chain. “Business leaders should also look at how new tools and technologies can provide greater intelligence.
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