Until mid-1970, the purchasing function played a passive role within the organization, with reporting lines to Finance and Operations. The oil crisis in 1973-1974, and consequent lack of raw materials ...

Carrying out this transformation required specialized expertise in procurement and supply chain. E&I found a partner with a ...

The evolution of the procurement function from a peripheral role to a more strategic one is helping unlock its full value in companies and organisations. It is key to note that the procurement ...

Procurement has traditionally been seen as a back-office function, primarily focused on reducing supplier costs. However, in modern businesses, procurement is becoming a key enabler of strategic ...

There is also no clear shortcut to success. “High-performing procurement functions don’t excel in just one or two maturity dimensions, they excel in many of them. Comparing the top- and ...