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Transforming the Procurement Organization for a New Era

Overview What organizational changes are necessary to transform procurement? It is becoming clear that the rigid, hierarchical organizational structure of the past must give way to a more adaptive, cross-functional structure that reaches beyond the traditional realm of procurement and into all company functions. Although important, structural changes to the procurement organization alone will not result in a radical transformation. Therefore changes to the culture of procurement are also needed to facilitate this transformation. The procurement organization's charter must be revamped in order to align its members to its new role of delivering strategic value. The goal of this paper is to enable a person to examine his or her organization with a critical eye in order to identify and enact changes that will continue the person on his or her transformation journey.

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Publisher: Oracle
File Format: PDF
Date Published: Jul 28, 2006
Format: White Papers
Topics: Procurement - Purchasing

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