In the first podcast of 2019, we discuss ‘procurement strategy’. Not a new concept, but for many this just meant achieving core goals – such as reducing cost by 5% YoY. Recently however, there have been significant developments within the procurement function, resulting in leaders becoming far more sophisticated in how they conceptualise their strategies, but most importantly, how those strategies can support the company’s overall business goals.
In this podcast we pick two important aspects of strategy:
- What is strategy – ‘procurement strategy’ in particular?
- How can companies ensure their procurement strategy is aligned with the overall corporate strategy?
Listen to the full podcast to learn more about how the procurement function has an increasingly important and broader role to play in driving the success of corporate strategy.