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An update of the megatrends and their implication for procurement.

Bapeer, Soran (2018) An update of the megatrends and their implication for procurement.

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Abstract:Megatrends are long-lasting social and or economic changes that can be caused by influences such as technological breakthroughs, changes in the balance of geopolitical power, demographic influences and environmental changes. In 2011 research was done on the megatrends and their implications for procurement. In this research five megatrends were determined by h&z consulting and analysed for this research: 1. Increase of environmental and social responsibility 2. Demographic change 3. Acceleration of technological progress 4. Changes in political and macroeconomic environment 5. Shift of economic growth centres In the current research new megatrends have developed. Procurement professionals have been surveyed from different industries and the old megatrends have been updated. This research showed some interesting views on how professionals in procurement think about the megatrends. When the respondents were asked to rank the megatrends, they found different megatrends more important than what came out of the Likert-type questions. Conducting a factor analysis even showed new megatrends. The new megatrends are: 1. industry 4.0, 2. CSR increase of environmental and social responsibility 3. shift of economic growth centres 4. new innovation management 5. political and demographic change 6. Instability of the European Union
Item Type:Essay (Master)
Faculty:BMS: Behavioural, Management and Social Sciences
Subject:85 business administration, organizational science
Programme:Business Administration MSc (60644)
Link to this item:http://purl.utwente.nl/essays/76331
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