Managing Director, New York
Most procurement organizations are focused primarily on tactical sourcing, often limiting their work to negotiating, contracting, and buying. They don’t usually analyze markets, work directly with business owners on specifications, or conduct rigorous supplier performance management. Becoming a strategic sourcing function with an active Chief Procurement Officer changes all that. By upping skill levels beyond tactical purchasing, a strategic procurement function can help achieve corporate goals and gain influence.
At a glance