The Procurement Journey: How it shifted from Tactical to Strategic?

Procurement as a function has always stood on the boundary of the firm, looking out-side and scanning the environment for new opportunities and potential threads. Purchasers are often faced with wide and complex requirements to work within, and in some cases, manage that collection of external stakeholders called suppliers that serve their parent company. The aim of this book is to deliver an overview of how procurement activities along with its innovative tools and techniques, contributes to general performance of business organizations.