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Business Chief USA June 2019

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DELOITTE<br />

154<br />

NATASCHA SCHIJVEN, PARTNER SUPPLY CHAIN & MANUFACTURING<br />

OPERATIONS AT DELOITTE ‘DIVERSITY OF THOUGHT’<br />

PROCUREMENT CHANGES<br />

As industries become more competitive,<br />

the way procurement is viewed is<br />

indeed shifting, with businesses<br />

understanding a greater focus on cost<br />

management is needed in order to<br />

succeed: “Focus is very much shifting<br />

in the CFO space toward cost control.<br />

The world is rapidly becoming more<br />

competitive and there’s a lot of<br />

disruption fueling mergers and<br />

acquisitions. If you don’t get ahead<br />

of that, you’re not going to be able<br />

to monetize. You’ll miss the boat.<br />

“Strategic procurement has always<br />

been one of the best ways in which you<br />

can rapidly control costs,” Schijven<br />

continues. “We’re seeing a shift from<br />

not having to worry about cost to that<br />

being the principle concern – there is<br />

less flying below the radar in high-margin<br />

environments, so you need to get it<br />

under control. The past decade or so<br />

has seen the shift from procurement<br />

being a back office, cost-cutting<br />

function, to a function that truly delivers<br />

value cross-functionally and increasingly<br />

has a seat at the C-level table.”<br />

As the function shifts however, there<br />

will inevitably be those organizations<br />

JUNE <strong>2019</strong>

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