4 C-suite steps to improve procurement

03/28/2014 | Harvard Business Review online/HBR Blog Network

Suppliers are often left out of the big picture because companies are focused on cost reductions or simply move too slowly, writes Proxima CEO Matthew Eatough. Executives have the ability to re-examine this situation and re-prioritize procurement. "Like the internal workforce, they must be incentivized, coached, sanctioned, and rewarded to help achieve corporate objectives," he writes.

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