Escaping the Clutches of the Old Economy by Building Supply Ecosystems with Koray Kose and Rik Vera

People and companies talk about technology constantly, but they don’t know what to do with it. Fortunately, procurement is in a position to be an initiator of supply ecosystem relationships that are trust-based even though they are distributed. To achieve this, we will have to de-hype technologies by looking beyond the surface - which, in most cases, is a thin digital frosting on the same old cake.

If we want to escape the old economy, we have to root out everything that serves as a connection to old ways of thinking: experiences, KPIs, language, and thinking of our supply chains from the bottom up.

Everyone in a supply chain wants to have contact with the customer, so the only way to win is for everyone in the ecosystem to work together. That said, change can be deceptive; in many cases, the things that change fastest do not indicate meaningful change.

In this Dial P for Procurement livestream, Rik Vera, international thought leader and author of the Guide to the Ecosystem Economy, and Koray Kose, Senior Director of Supply Chain Research at Gartner, joined co-hosts Kelly Barner and Scott Luton to discuss:

- What the 'old economy' means in terms of systems, thinking, and language

- What we are likely moving towards and what is driving it

- How open-minded thinkers and innovators can work in the space between old and new to design a future for themselves