Over the last ten years the role of procurement in corporations has changed significantly from an auxiliary department to a strategic function with clear, measurable targets within the overall company business plan.
This change has put a large demand on the capabilities of the procurement leadership team. The early years of procurement development allowed to take advantage of ‘low hanging fruit’, today delivering significant value in much more volatile markets has become a challenge.
Developing procurement to a fully integrated strategic approach for the corporation is a challenge and opportunity for many players in today's highly competitive markets.
Under such circumstances it is vital to equip the procurement leadership team with up-to-date knowledge from the best performing practitioners going beyond procurement skills to general management capabilities.