Considerations for the optimal procurement reporting alignment.
This publication focuses on procurement reporting alignment and how it can add value for a comparatively small investment.
Procurement as a function is on a journey toward greater importance as companies continue to expand and rely on suppliers who can significantly impact a company’s revenue and profit. As it evolves beyond its transactional and back office roots, the department is becoming a strategic player focused on total value delivered including supporting revenue goals, reducing total cost of ownership, and improving quality and integration of supply. Restructuring of procurement reporting alignment is one way to add real value to the organization for a comparatively small investment.
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