In today’s competitive business environment, procurement departments are being challenged to do more with less and find creative ways to cut costs, mitigate risk, improve the quality of contracts and serve internal customers faster.
Recently, sourcing professionals have turned their eyes toward strategically sourcing indirect products to contribute to the achievement of the organization’s business goals. Developing long-term plans for sourcing them has proven to be a rewarding effort.
Making the transition to strategic purchasing is a journey that will take time, effort and management buy-in. However, the benefits are significant, so if you’re looking to build a business case to jumpstart your evolution to a more strategic approach, here’s a plan of attack that will guide your way.
Download this white paper to learn how to approach procurement in a more strategic fashion and what tools are available to guide your journey.