How to Achieve Best-in-Class Procurement Competences
Today, price is no longer sufficient as a competitive lever. Companies have to work harder to remain competitive, and the procurement organisation must deal with:
Fast changes in technology
Units costs that must be minimised by value engineering and not just global sourcing
These new focus areas have all come with new requirements for the competences in the procurement organisation as new ways of working have been put to use, such as sourcing strategy, category management and supplier development.
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