Resource Origin: bizfluent

Author: Ian Linton

“Types of procurement structures range from a single person with responsibility for purchasing, to a large, centralized department or decentralized organization with procurement professionals working in separate locations or business units. Getting the right structure is essential, because procurement typically accounts for half of an organization’s expenditure. It also plays an important part in a company’s competitive strategy…”

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Originally published at: https://bizfluent.com/facts-7294395-structure-procurement-organization.html