The Anatomy of a Great Procurement Strategy

The Anatomy of a Great Procurement Strategy

Thanks to advances in technology, many parts of the procurement process can now be automated. This has led many Chief Procurement Officers (CPOs) to shift away from the technical aspects of their jobs and focus more on strategy.

Their primary goal is to ensure that their procurement processes are properly aligned with their organization’s corporate strategy. They strive to make smart decisions that ultimately reduce costs and increase profits.

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