How to set up a procurement organization?

A best-in-class procurement can be a key differentiator for a company’s success. And one of the ways to determine whether it is best-in-class or not is looking at its ability to save money for the organization.
According to Ricardo Gaxiola, a procurement veteran with 25 years of experience, the mark of an outstanding procurement is its ability to be recognized as a valuable brand that external suppliers prefer to work with. "Procurement needs to be a facilitator of a data-driven decision-making process in an organization,” he maintains.
Setting up a procurement organization can be the logical next step but it can be daunting. Ricardo Gaxiola answers them all in this of our Procurement Game Changers podcast.
#Procurement #podcast #interview
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