Based Experience Readings Discuss Megatrends Business Information Technology Human Resourc Q34252946

Based on your experience or readings, discuss how the megatrendsin Business, Information Technology (IT), Human Resources (HR), andManagement/Leadership affect the Purchasing and Supply Managementprofessional in the exercise of his/her duties and responsibilities– in particular globalization, e-commerce/e-procurement,professional development/training, and cross-functional teaming andproject (matrix) management. How do these trends impact on theorganizational and operational aspects of the Purchasing and SupplyManagement Department? What is the skill sets that Purchasing andSupply Management professionals should exhibit to better preparethem for the business, IT, HR, and management/leadership challengesfacing them in the twenty-first century?

Expert Answer

The megatrends in business have an important impact onpurchasing and supply management.