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Next Level Supply Management Excellence by Robert Trent, Robert Rudzki

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3 You Have a Choice to Make: True Transformation or Evaporating Results

3

You Have a Choice to Make:True Transformation orEvaporating Results

Without real procurement transformation, only 60% of the value of procurement initiatives is retained by year two. This value drops by 10% for each subsequent year.”

Institute for Supply Management

When one of the authors was a Fortune 500 chief procurement officer, he came to know several senior partners at consulting firms very well. In a moment of relaxed conversation, he asked one of the ...

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