Reckoning with how cost-controlling processes affect their relationships
During complicated times, everyone looks for a little bit of stability — and for many in operations and logistics, that stability now comes from procurement. Today’s procurement managers have different objectives from their forerunners.
As supply chains and business-to-business relationships have become more complex, procurement has taken on an increasingly important role in making sure one specific factor won’t bog down the process: cost. Markets might be fluid and unpredictable, but today’s businesses can certainly count on procurement to control costs and ensure the business runs as efficiently as possible, no matter the market conditions.