As per the SM there are following key trends for the procurement this year:
- – Partnerships including strategic alliances to joint ventures to mergers and acquisitions would rise to its highest of all time
- – For procurement having negative impacts from BREXIT and being in serious uncertainty and UK growth being hurt and continuous volatility in markets, one key solution to managing risks would be adaptability to changing requirements
- – The technology march, AI and internet of things will continuously remain vital for investors in SM
- – Strategic planning and regular assessment would be required for smooth running of the SM. – Transparency would become increasingly important for the SM agenda.