Upping the Ante: Putting Procurement in a More Strategic Role (.PDF Download)

March 16, 2021
A new report finds that procurement is in the early stages of playing a more strategic (versus operational or tactical) role in the modern organization.

Often seen as either an operational or tactical organizational function, procurement is shape-shifting and becoming more strategic as company leaders become more aware of the value that this critical department brings to the table.

So, rather than being solely operational (i.e., meeting daily purchasing needs) or tactical (focused on short-term, transactional activity), modern procurement teams are taking a more systematic, long-term view of organizational needs and developing holistic approaches to meeting those requirements.

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