Agility reaps the real value
13 September 2012
Savings are not the right measuring stick for procurement’s performance, says Dick Russill. Profitable survival and competitive suppliers are what really count
There is a tendency to promote procurement’s importance in terms of the money it spends and to demonstrate its impact by citing cost savings. This is the mindset of a function determined to drive itself into extinction.
Clearly cost is an issue – but not as a negative aspect of business to be minimised, rather more in terms of the positive value created by “...