Role of Procurement in 2024: Experts Outlook: Zycus

Over the years businesses have changed and so has the roles of different departments within them. Thus, businesses in 2018 are more than ever exposed to a myriad of complex issues revolving around cost savings, operational efficiency and obtaining a competitive edge through available data and human resources.

Hence, procurement function must realign itself with the organizational goals and transform from being a support function to a strategic one, which adds value to the organization and is not just a cost-center.

This e-Book presents articles from 8 leading industry thought leaders and procurement practitioners on the most sought-after question – What should be the role of Procurement in 2024?

• Developing Strategic Mindset is essentials for Procurement Teams
• The shift in procurement skills to drive a high performing team
• Unravel the power of spend analytics in procurement
• Stakeholder alignment for successful procurement savings
• New era of real-time procurement
• Collaborating better with second-tier suppliers