by Jonas Olsson & George Pastidis
Over the past fifteen years the pressure for companies to deliver on financial metrics mainly has led to what we often call the “rise of procurement”. Procurement takes more room and a way stronger role within organizations and given that often the other many customer stakeholders with agendas that vary have a hard time to come to a common consensus, procurement’s role becomes even more critical. The previously secondary “back office” function is the team of people who today step up to deliver value through treating their suppliers as a commodity and negotiating them on price only read more…

Great article !!! I would summarize it as follows: procurement and vendor relationship is not always related to price but to how much value they can both create. Regards Yiannis T
Fully agree, Giannis. Thanks for the feedback