Webinar: Procurement Top Trends 2024 || Krishan K. Batra

Overview: As we stand on the threshold of a new year 2024, let's celebrate the accomplishments and lessons learned. Each hurdle surmounted, each innovation embraced, and every milestone achieved has paved the way for a stronger, more agile procurement landscape.
2024 holds the promise of exciting opportunities and transformative changes. It's a year brimming with possibilities for us to redefine procurement practices.
Key Takeaways:
- State of Procurement (Based on Survey)
- Key Challenges/Risks Facing the Procurement Professionals
- Exciting Opportunities for Changes.
- Navigating Procurement Towards Success.
- Key #Procurement #Trends for #2024.
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Summary:
The ISM-INDIA webinar delved into current procurement trends and challenges in India's supply chain, emphasizing the evolving nature of business and procurement.
Key points included the pivotal role of procurement in company success, the need for strategic responses to climate change and geopolitical issues, and the increasing importance of soft skills.
The discussion also covered the evolution of procurement, highlighting technology's impact, such as the role of AI and digital transformation in enhancing processes and sustainability. Sustainable procurement, carbon footprint reduction, and the importance of resilience in supply chain management were explored.
The session touched on holistic procurement, emphasizing soft skills and the ongoing impact of digital transformation. Specific topics included the demand for courses in sustainable procurement, the challenges faced during procurement processes, and collaboration for sustainable procurement. Transitioning from private to public sectors was discussed, addressing concerns and solutions.
The meeting concluded with announcements about upcoming programs and webinars, showcasing the ongoing dynamic nature of the procurement landscape.

[@debashismukherjee3778]

Thank you Sir to explain the prospect of SCM so detailed and so well.

[@Ism-indiaOrg]

You are most welcome

[@yibinzhang9459]

U need a voice collecting device

[@Ism-indiaOrg]

Thank you for the advice; we will take it into consideration.