PROCUREMENT STRATEGY
LEADERSHIP IN
PROCUREMENT ,
FROM COST TO VALUE
WRITTEN BY : LAURA V . GARCIA
We speak to David Loseby , Managing Director at Barkers Commercial Consultancy , on how procurement leaders can transition from the drive for cost to value
Although it seems like it took them a little too long to get there , many organisations have finally started to realise the value of procurement in helping a company reach organisational objectives , unearth competitive advantage and drive ESG initiatives , all of which intertwine .
Procurement leaders are now an essential part of the new troika , partnering with CEOs and CFOs in designing new , more resilient business models . However , in order to drive real impact and realise commitments , procurement leaders will need to transform how they lead .
A company ’ s procurement resources are often expended , focusing on ensuring that the right materials arrive at the right time , at the right quality and at the best possible price . Transitioning procurement teams from reactionary , transactional procurement to proactively affecting longterm change and delivering impact through strategic procurement requires long-term
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