Successful Purchasing

Successful Purchasing

Procurement as a function is on a journey toward greater importance and influence. As it evolves beyond its transactional and back office roots, the department is becoming a strategic player focused on total value delivered including supporting revenue goals, reducing total cost of ownership, and developing partnerships with key suppliers.

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However, when discussing procurement’s alignment with the overall business it becomes imperative to develop and establish a rapport with the stakeholders and executive team. Aligning the procurement department with the business strategies is of great interest to CPO’s and CEO’s alike.

Karl-Heinz Müller

Karl-Heinz Müller, former Supply Chain Executive at Siemens and Vodafone and thought leader in global Procurement, discusses, how purchasing provides value to the organization from an end-to-end perspective, and which skills are required to successfully establish an integrated purchasing function.

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