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Procurement staff 'can be a secret weapon for businesses'
Corporations seeking to improve the efficiency of their operations may find that procurement can act as a "liberating secret weapon", according to an industry expert.
Ellis Watson, managing director of newspapers at publisher DC Thomson, told attendees at the recent 2011 Chartered Institute of Purchasing and Supply (CIPS) Conference that many firms underestimate the potential benefits of good procurement.
According to the business veteran, some company heads make the mistake of seeing procurement professionals in a negative light, making it vital that those in the purchasing sector demonstrate their positive impact, reports Supply Management.
He also noted that the current financial climate has created an ideal opportunity for procurement staff to display bold thinking that can make a real difference.
"When you have good procurement it's one of the most liberating tools in an organisation's armoury," Mr Ellis said.
This comes after a survey by Ardent Partners last month revealed that savings have become the top priority for procurement staff between now and 2014, due to the ailing nature of the economy.
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Categories: Functional Practices