Stop Sabotaging Your Procurement Transformation Efforts – 5 Mistakes to Avoid
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