10. Make vs. buy

“With the emergence of new technologies, such as 3D printers, and the need to drive competitive advantage, the current status quo around make vs. buy will be challenged,” commented EY.

The firm stated that organisations will need to understand the tradeoffs when it comes to reducing producing downtime and costs, snd improving sustainable practices by making products vs. buying 

“Procurement will need to become more strategic when analysing new technologies and supplier portfolios to help with this decision,” concluded EY