How to Implement Best Strategic Practices in Small and Medium-Sized Procurement Organizations During Difficult Times!

Author(s):

Peter E. O’Reilly, C.P.M.,

95th Annual International Conference Proceedings - 2010 - San Diego, CA

Abstract

Despite having reduced or restricted budgets, small and medium-sized purchasing organizations must take an active role in identifying and implementing strategic best practices. The use of strategic initiatives in hard times can lead to the achievement of numerous financial opportunities to not only the sourcing unit, but the firm as well.