For the uninitiated business owner, the procurement process can appear to be a simple, basic procedure. The process of procurement is often part of a company’s strategy because the ability to purchase certain materials will determine if operations will continue. Because procurement is an umbrella term that includes several core business functions it should be considered a core part of any organization’s strategy.
Most IT pros don’t exactly “jump for joy” when they hear procurement. When the products or services you use can’t define a solid implementation process it can severely impact your bottom line and overall mentality. Aligning your procurement function with your corporate strategy is only one part of the ultimate goal of procurement. Goods and services also need to be purchased. But like all important business functions,...
