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The Procurement Value Proposition by Robert Handfield, Gerard Chick

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02

Procurement maturity

Understanding performance versus value

In Chapter 1 we looked at the origins of procurement, along with some of the early approaches to spend analysis and the development of appropriate categories as a basis for strategic sourcing. These approaches provide some guidelines into the roots of the current radical shift under way in procurement, as well as some of the pioneering efforts to build strategic capability.

This chapter is designed to offer some insights into how procurement has evolved. We introduce a maturity model to help the reader understand the levels at which different procurement functions are capable of operating at, and the journey of change that organizations move through as they improve. This relates ...

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