Procurement Improvement Begins with Process

 

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Process improvement is the key to unlock more strategic procurement. Two sources of major change have combined to create a perfect storm around the procurement function. First, the force of innovative technologies—that have the potential to unleash procurement from tedious tasks and allow professionals to focus on more strategic, value-added work. But at the same time, procurement is challenged by market disruptions such as: tariffs, cyberattacks, and a tight labor market. All of this means that procurement’s days in the back office are long over. Read this article to gain additional insights.

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