Procurement Virtualization by Jon Hansen

Posted on August 1, 2014

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Editor’s Note: The following is an excerpt from an article I wrote for Procurious regarding the impact of the Internet on the procurement world from both an operational as well as socialization perspective.  Use the following link to access the article in its entirety by clicking the “procurious” image below.

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I have been writing the Procurement Insights blog since 2007.  It currently has more than 21,500 followers.  (Note: the European Union Edition of the blog – which was launched in May 2013 – has just over 16,000 followers.)

Around the same time I joined LinkedIn ( 30,000 connections), followed by Facebook (5,000 connections), and finally Twitter  (17,000 connections) in 2008.

In 2009 I launched the PI Window radio show on Blog Talk Radio – which will soon air its 900th episode in which featured segments are downloaded between 25,000 and 30,000 times within the 24 to 48 hours immediately following the live broadcast.

Over time I have also expanded my virtual presence through various other platforms including YouTube, Sprout Social, Pinterest and on and on and on.

So one might reasonably conclude that as a procurement professional, I am deeply immersed in the virtual realms of the Internet.  While I would not disagree with this last point, if I were reading as opposed to writing this article, the first question I would ask is what does it all really mean?  More specifically, what are the tangible benefits that a procurement professional can derive from being “connected” in the virtual world?

My response . . . it depends on how long you have been in the profession.

For those of us who have been around for 15 or more years, the answer is not as clear as it is with the newer generation of procurement professionals.  I am talking about the ones 30 years or younger.

For this newer group the thought of utilizing a dog-eared catalog with stick-it notes of varying colors to source products from suppliers via telephone is unfathomable.  I would imagine that theirs would be a similar reaction to that of my young nephew, who upon viewing the black and white images projected through the old rabbit-eared television at his grandmother’s house, declared that the “TV was broken”.

In this generational context, the virtual  world is a comfortable given for the younger set, while a revolutionary development for the veterans.  This factor will to a large extent influence  our respective perceptions and considered benefits.

Rather than continue to focus on the obvious disparity in understanding, the purpose of this article is to identify the points of commonality.  Specifically, how can the web-based platforms or elements of the virtual world that is the Internet, be best leveraged regardless of age or experience.

Once again, use the following link to access the article in its entirety on Procurious.

 

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