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DOCUMENT DESCRIPTION

The Procurement function has advanced tremendously since 1980s. Starting with fulfilling a simple "buyer" function in the 1980s, to now playing a strategic role in prominent organizations. Procurement has come a long way over time and continues to grow increasingly sophisticated. The Procurement function has transformed to a degree that it performs a key role in today's leading organizations, and provides an opportunity to stay ahead of the curve.

The essence of Procurement Transformation is the natural shift of Procurement from a transactional, centralized function to a strategic function, decentralized and embedded within the various business units. This deck discusses various aspects of Procurement Transformation including:

* Benefits of Procurement Transformation
* Key Challenges to Procurement Transformation
* Procurement Transformation Implementation
* Leadership Considerations
* Key Levers to Achieving Strategic Collaboration in Procurement
* Critical Steps

At the end of the Transformation, Procurement should be viewed as strategic business function, embedded in the organization's core and involved in decision-making across the organization.

This deck also includes slides for you to use in your own business presentations.

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Source: Procurement Transformation Primer PowerPoint document

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This business document is categorized under:
Business Framework Primers

File Type: PowerPoint (ppt)

Tag(s): Procurement, Business Transformation

Number of Slides: 20

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Upload date (first version): Oct 5, 2017

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