Procurement’s role is evolving rapidly; the tactical team focused on cost reduction has been recast as a strategic entity driving enterprise-wide value. Enterprises worldwide are asking their procurement teams to play a larger and more strategic part in overall corporate growth and deliver sustainable business results. To be able to meet these new expectations, procurement organizations must transform their legacy processes, practices and structures, and align them with the current needs of the enterprise.As with any transformation program, the real challenge is in the implementation. Organizations often follow the path of building detailed transformation road maps and implementation plans, many times using outside expertise, but fail to realize the benefits in the real world.
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