World of Procurement blog
MAY 8, 2024
Procurement differs from purchasing in a few key ways: Strategic focus : Procurement has a strategic, long-term focus on analyzing spend, reducing costs, managing supplier relationships, and mitigating risk. Enables adherence to policies and regulations through ethical, sustainable, and compliant practices.
Procurement Heads
AUGUST 11, 2022
When did your interest in procurement and supply chain begin? How did you engineer your career path to the point you are now at as Head of Supply Chain? After 15 years in procurement, I decided to broaden my expertise so that I embraced the opportunity to step into a supply chain leadership role.
Empowering CPO
JUNE 26, 2023
These actions lead to improved negotiation power, reduced costs, and enhanced overall procurement efficiency. Stronger supplier relationships lead to better pricing, improved service levels, and a more reliable supply chain.
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