Procurement’s role in corporate innovation

Blog Article

Procurement’s role in corporate innovation The shift of the procurement function from a simple cost-cutter to a strategic change-maker has already been widely discussed. Traditionally, innovation has been attributed only to R&D and Marketing functions. However, especially modern procurement can contribute significantly to corporate innovation as it depicts a central hub for internal and external…

Procurement As We Know It – will disappear

Blog Article

Procurement As We Know It – will disappear Over the past decades the sphere of procurement has expanded in many directions. Procurement professionals are more and more entrusted with crucial decisional responsibility which is compendiously known as strategic sourcing. Further, as the globalization enables us to source from virtually any company around the globe, the…