What procurement can contribute to organisation’s success
In the past, procurement was considered as a secondary function of which the only job was consuming the organisation’s budget. Recently, due to the development of professional bodies who educate and improve procurement’s competencies, more and more organisations pay attention to procurement and supply chain, consider these functions as strategic parts to achieve long-term objectives. What makes procurement so important? We believe that procurement can play the following roles within an organisation: Profit generator: When talking about procurement, most people…