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Purchasing and supply management: future directions and trends.
THE FUTURE OF AMERICAN INDUSTRY
What jobs will exist for the purchasing and supply management (P&SM) function in companies in the future? Predictions include the following scenarios.
1. The absolute number of jobs within purchasing will decrease, as will the layers of management.
2. Purchasing organizations will adopt flatter forms with less emphasis on hierarchy and less distinction between positions.
3. Functional silos will become obsolete. The classical functions of marketing, manufacturing, engineering, purchasing, finance, and personnel will be less important in defining work.
4. More people will take on project work focused on continuous improvement of one kind or another.
5. Fundamental restructuring and reengineering will become a way of life at most companies.
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