| Publisher | Answerthink | ||
|---|---|---|---|
| Format | 767.7KB PDF | Date added | 01 Mar 2003 |
| Topics | Portals, Supply Chain Management, Procurement - Purchasing | ||
| Downloads | 13 | ||
No corporate function comes close to procurement in terms of its success in reinventing itself over the past several years. Technology developments and increased use of the Web have enabled traditional purchasing supply management to expand well beyond the conventional tasks involved in acquiring materials, services and equipment. Indeed, today, procurement professionals have the ability to exert significant influence on quality, company profitability and ultimately on shareholder value. This white paper is designed to help organizations build the business case for deploying proven best practices and technologies. The following pages, in addition to comparing key performance metrics between average and world-class organizations, describe in detail the top five proven procurement best practice strategies adopted by industry leaders to achieve breakthrough performance in procurement.
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