The procurement function has always been a major contributor to an organization's cost management efforts, but the role is expanding. The modern procurement function can be a strategic facilitating function, providing a competitive advantage through cost and supplier management leadership enhanced via technology.
-Lena Haram

Procurement has been one of the last functions to fully cross the line into the digital transformation. The function is emerging as a key player in strategic cost management across the organization, as opposed to being a purchaser of goods and services or a manager of spend categories. Instead of completing transactions as directed by other....