Offering Procurement and Strategic Sourcing services since 1992, Source One's spend management consultants have witnessed countless shifts in the supply management space. Firms have come and gone, supply chains have grown and shifted, and industry trends have emerged only to fade into obscurity.
What hasn't changed? All these years later, Procurement Transformation is still a hot topic. Companies in every industry - and at every maturity level - have recognized the value of a more strategic Procurement department. They know that it should serve as a strategic business partner within their organizations and engage directly with every department.
Over the next few months, Source One will publish a five-part series of whitepapers on the subject. Procurement Transformation: Industry Perspectives will provide an overview of the concept and present reflections from numerous supply management thought leaders.
Associate Director Jennifer Ulrich says, "Procurement Transformation means something different to every organization. By collecting a diverse range of perspectives, we intend to get readers thinking about what it could mean for their organization."
The leading spend management firm also hopes the series will dispel some of the misconceptions surrounding Procurement Transformation. "The term transformation can scare organizations," remarks Source One's VP of Professional Services, Joe Payne. "To some, it implies a complete overhaul of their internal operations. Throughout the series, our contributors remind the reader that transformations are actually long-term initiatives focused on continuous improvement."
In addition to Payne and Ulrich, the series will include contributions from the following supply chain thought leaders: Jim Baehr (Group Lead, Sourcing Strategies Group), Kelly Barner (Managing Editor, Buyer's Meeting Point), Diego De la Garza (Director, Source One), Phil Ideson (Managing Director, Palambridge), Michael Lamoureux (Editor-in-Chief, Sourcing Innovation), Naseem Malik (Managing Partner, MRA Global Sourcing), Kristian O'Meara (SVP of Value Engineering, JAGGAER), and Tom Rogers (CEO, Vendor Centric).
Check out the first installment today. In "Procurement Transformation: Then and Now" Jim Baehr takes a look back at the history of supply management and assesses the current state of Procurement.