Major Procurement Trends: Helping Your Office Move Forward
In the past twelve months, what significant challenges has your procurement office faced? Have you had internal conversation about the struggle to replace a retirement-age workforce? Did you have to adjust in order to overcome a supply chain disruption caused by a major weather event? Chances are that you have- and you are not alone. For every qualified individual, there are six vacancies in the procurement sector, and we all have watched the news as natural and man-made disasters like devastating wildfires have affected millions of people. So, what should you and your fellow procurement officials do in the face of all of this uncertainty?
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A Day in the Life: Cindy Lombardi
This week we caught up with Cindy Lombardi, Chief Procurement Officer for the State of Colorado. Perfect timing too! NASPO’s 2019 Exchange Conference is being hosted in the beautiful capital city of Denver.
Cindy has served as Colorado’s Chief Procurement Officer (CPO) since March of 2015. As CPO, she launched the Procurement Code Modernization Initiative that has resulted in an improved procurement code and procurement rule changes for the state. Cindy has over 20 years of experience in purchasing and contracts for the federal government, the University of Colorado, and several state agencies including the Departments of Personnel & Administration, Public Health & Environment, Revenue, and Human Services. Cindy is a Director at Large on the NASPO Board of Directors and is currently serving as Conference and Events Champion. She has also served on the NASPO ValuePoint Management Board since 2015. Cindy is also currently the 2019 Chairperson of the NASPO Exchange committee and has been instrumental in the conception, planning and execution of the upcoming conference, April 9-11, 2019.
Blockchain: The Public Sector Big Picture
The private sector has invested more than 1.4 billion dollars in blockchain since 2014. To put this number into context, this is on par with the amount of money spent on internet investments during the early 90’s! What do you know about blockchain? Personally, I knew almost nothing besides the fact it was a technology people were excited about and that it had something to do with Bitcoin. Luckily for me, Procurement U recently released a free course entitled “Blockchain: The Public Sector Big Picture”. This course provided me with a basic understanding of how blockchain works and explains it in a simple, approachable way through videos and interactive graphics. As someone who is not the most technically savvy, I can say that this course helped me understand blockchain and made me excited about its potential uses. This course goes over how blockchain works and how it can be used in procurement. Take this Procurement U course to start exploring blockchain and its uses in your office!
Top Tips for Procuring Accessible Technology
Imagine trying to use a computer without a mouse. Imagine trying to watch a video without speakers. Imagine trying to type an email on your phone without being able to see the screen. These are all examples of inaccessibility – and we can imagine how frustrating that would be. Accessible technology means that everyone can use the same technology, no matter how they need to manipulate it in order to process information.
So why is accessible technology so important to procurement?
Building a Procurement Team for a Digital Future
Want your procurement staff to be ready for the next big thing? There is undeniable value in a staff that is savvy with current technology, but how do you prepare your staff to be ready to keep up with the digital trend that’s here to stay? In many cases, trends come and go, but sometimes they are the forces that drive innovation and success for businesses worldwide. Organizations of all sizes who embrace changing times are better able to develop strategies to manage change in a way that positions themselves for the future. Digitalization is achieved through the use of technology to strengthen existing processes and practices. It can also be looked at as the thread that is woven through multiple silos of information as means to integrate people, processes, and data throughout an organization. Outside of cost savings, there is value in digital efficiency, especially since procurement plays a vital role in shaping strategic models that support the execution of a multitude of contractual goods and services.
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