McKinsey & Company has worked with clients to improve their procurement practices and achieve distinctive and sustainable impact. They have averaged more than 250 engagements per year with chief procurement officers (CPOs) from Fortune 100 companies and start-ups alike. In an increasingly competitive market, consumers and government will drive CPOs to buy differently through legislation and new consumer spending behavior. Companies can stay ahead of the curve by becoming supply entrepreneurs. Procurement 20/20 is a corporate officers guidebook for the coming decade, revealing critical megatrends that those leading organizations must respond to, including:
The vibrancy of the emerging-market growth
Increases in the amount of labor employed and advancements in an economys productivity
Digital networks and big data
Environmental sustainability
Market capitalism and the role of the government
