How procurement offices are adapting to changes in technology, student priorities: Opinion

Opinion

University Business writer Alcino Donadel explores three ways that postsecondary procurement offices are evolving. First, Donadel writes that procurement teams now face new compliance measures at the same time as students are increasingly seeking institutions with strong social justice stances. In light of this, procurement teams can track sustainability, diversity and inclusion, and social and governance metrics and use their findings to change their strategies. Second, procurement offices are adopting cutting-edge technology, using tools like AI to streamline processes that involve tedious tasks. Finally, Donadel notes that there is a surge of internships happening in procurement offices, as the intricacies of meeting these new demands is generating career interest among students in supply-chain studies.

University Business