Purchasers win strategic roles and responsibilities
29 August 2012
The strategic input of procurement has increased dramatically since 2000 and purchasing professionals are set to increase the range of their responsibilities, according to a new report.
The CPO’s Agenda from researchers Aberdeen Group reveals 90 per cent of executives at 100 global companies consider procurement’s role in strategic operations had risen hugely over the past five years.
The report found purchasing takes a lead role in managing supply availability in 82 per cent of cases, and safeguards the price of products for over half of...