Procurement Transformation must follow a holistic approach to improving all aspects of the procurement organization in order to achieve results and ensure long-term sustainability.

What Procurement Transformation is:

• An improvement approach that focuses on all dimensions of procurement effectiveness
• A program with goals to increase & expand Procurement’s total value
• A balance of long-term and short-term objectives

What Procurement Transformation is not:

• A short term, project-based initiative
• Purely a cost reduction effort
• Just about sourcing