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 ...

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 ...

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

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 ...