When talking with procurement executives about their strategic planning efforts, we hear a wide spectrum of responses regarding how formal (or informal) their procurement strategy is. Some admit to not having a formal strategy, while others have very detailed, well-documented strategies complete with roadmaps, category-specific strategies, and detailed metrics and dashboards.
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When talking with procurement executives about their strategic planning efforts, we hear a wide spectrum of responses regarding how formal (or informal) their procurement strategy is. Some admit to not having a formal strategy, while others have very detailed, well-documented strategies complete with roadmaps, category-specific strategies, and detailed metrics and dashboards.