How can procurement become “intelligent?” How quickly can a best-in-class procurement organization be established? Can it be done rapidly if you assemble all the essential components? Or does it take years of investment in resources, process re-engineering and business alignment?
Clearly, it’s not a straightforward choice of one or the other. In a new study by GEP and Ardent Partners — The State of Procurement — hundreds of CPOs and other procurement and business leaders share their perspectives on how to define and how to build an intelligent, high-performing function.
- Organically building an intelligent procurement team
- How to consider talent, systems and processes
- Procurement technology: what’s in demand, what’s in place now
A must-read for CPOs and procurement executives looking to drive their procurement operations toward best in class.