Cost savings are critical for procurement organizations, and once the low-hanging fruit has been harvested, transformation may be the next step to unlocking ongoing procurement value. Transformation is a journey that businesses undertake in order to optimize the procurement organization and to embed category management expertise and process rigor in order to drive sustainable and long term savings.
Successful transformation enables the procurement organization to become a source of value and innovation to the business. In this series, listen to Scott Wharton discuss the Citi experience, and the steps he took to enable a successful procurement transformation.
A video series discussing key challenges and trends in procurement and supply chain management.