Whether achieving competitive advantage or seeking better corporate health in challenging times, the Procurement function is ideally placed to drive value into any business while concurrently optimising cost.
The Procurement function can often be seen as a bureaucratic speed bump that slows the pace at which business can move and transform. So how do you ensure Procurement is a match-fit, strategic enabler, driving innovation, reducing cost and owning cost management? As with many transformation endeavours there are challenges:
- Understanding our current capability;
- Agreeing the level of capability we want to achieve; and
- Proving the Return on Investment?
Why invest in Procurement Transformation?
Read the latest insight in our T&C series, Transformation - so much more than just cost saving, produced in partnership with Tom Alford.