3 ways to cut procurement costs (without sacrificing quality)

May 22, 2024
1 Min Read

Containing procurement costs increasingly feels like a balancing act between multiple competing strategic goals.

Cost containment has always been a top priority for procurement leaders. In recent years, as procurement’s role within the business has become more strategic, expectations that chief procurement officers (CPOs) reduce outgoings while also increasing resilience, championing sustainability, and driving digital transformation have grown.

Source: CPOstrategy