In our second paper of the series, written in partnership with GEP, we learn how chief procurement officers can digitally transform their function – and the processes it uses.
Many organisations are demanding that procurement becomes a strategic function while, for some businesses, low costs will remain the chief competitive edge. As obvious as it may sound, some procurement functions are not aligned to help the business achieve its goals because of a lack of clarity about their remit. So how do we define contemporary and appropriate procurement process? Each organisation will have its own particular definition; yet, in an ideal world, designing a procurement process should start by answering four questions.
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