The traditional approach to procurement is changing, with the emphasis shifting from buying a variety of specialized tools to a more modular, multipurpose system. This allows time-poor employees to become skilled in many areas, not just one or two. The 'best of breed' philosophy, which focused on buying specific tools to perform specific tasks well, is giving way to a more flexible, user-friendly approach that emphasizes ease of use and speed. This is particularly relevant for global corporations, which are already using digital technology to transform their operations.
