Executive Briefings

Procurement Transformation

An effective procurement process begins with having all spend under control, including money spent on logistics and transportation, says Nick Seiersen, an expert in procurement organizations. Overall, such a process should ensure that the right suppliers provide the right products or services on the right terms, he says. Seiersen offers advice on how to transform a procurement organization so that it accomplishes these goals. [Run Time (Min.): 9:20]

An effective procurement process begins with having all spend under control, including money spent on logistics and transportation, says Nick Seiersen, an expert in procurement organizations. Overall, such a process should ensure that the right suppliers provide the right products or services on the right terms, he says. Seiersen offers advice on how to transform a procurement organization so that it accomplishes these goals. [Run Time (Min.): 9:20]