Executive Briefings

Should Centralized Procurement Give Way to 'Specialist' Purchasing in Some Units?

Organisation-wide purchasing is often the responsibility of the procurement team with the business reliant on them to source the right goods and services at the best price. But different departments within an organisation will often have very specific and specialist requirements and there are significant merits in empowering selected personnel to source exactly what they need, when they need it.

Should Centralized Procurement Give Way to 'Specialist' Purchasing in Some Units?

Many forward-thinking procurement teams are taking a more collaborative approach to procurement in their organisations and empowering other parts of the business to purchase their own goods and services via the use of e-sourcing software. It enables end users to source their own suppliers within the bounds of necessary procurement and compliance rules. The procurement team no longer has to control the supplier selection and approvals process as supplier selection rules are already programmed into the e-sourcing solution.

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Many forward-thinking procurement teams are taking a more collaborative approach to procurement in their organisations and empowering other parts of the business to purchase their own goods and services via the use of e-sourcing software. It enables end users to source their own suppliers within the bounds of necessary procurement and compliance rules. The procurement team no longer has to control the supplier selection and approvals process as supplier selection rules are already programmed into the e-sourcing solution.

Read Full Article

Should Centralized Procurement Give Way to 'Specialist' Purchasing in Some Units?