The second year of this new decade began amid great uncertainty and a global pandemic that won’t be easily eliminated. In a new procurement report, Ardent Partners predicts that 2021 will be a “year of transition” as the world begins to operate in a post-COVID-19 world driven by new ideas, new innovations and new leaders.
“While the procurement industry is consistently evolving and shifting, 2021 begins after a truly unprecedented year,” the company states in Procurement 2021: BIG Trends and Predictions. “In 2020, CPOs and their teams were forced to face massive disruptions, extreme threats, and entirely new challenges brought on by the COVID-19 pandemic. By and large, procurement leaders worked valiantly to ensure business continuity, build supply chain resilience, and prepare their enterprises for the next economic phase.”