Procurehere News • April 12, 2020
55 Emerging Challenges for Your Procurement Department.There’s no point beating around the procurement bush. When it comes to business challenges, we’re all in this together. The goal of our procurement department is to continually work to reduce costs while ensuring we can source business-critical goods and services.
That crucial mission is still at the core of what we do. But the transformation and growing recognition of procurement as a strategic business function means that now we’re responsible for a great deal more.
The modern business environment is so complex that it’s sometimes hard to untangle your POs from your P&L. But we’re not going to get stuck on the bottom line today. Let’s explore 5 emerging challenges for your procurement department.