Procurement is once again at a dramatic inflection point as a profession. The '90s saw strategic sourcing and shared services established as core elements of the procurement professional's skill set, while the '00s added procurement automation, category management and source-to-pay business payment systems (BPS) to this foundation. The result is a factory model for procurement characterized by consolidation, process efficiency, cost takeout and compliance.

Contributors: Alsbridge, American Family, ANA, Anheuser-Busch InBev, Ann Inc., Arizona State University, Baker & McKenzie, SAP Ariba
Categories: Whitepaper
SRC Type: All Talent Management, Talent Management