THE CHANGING ROLE OF PROCUREMENT IN MODERN COMMERCE

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An article by Charles Lovemore Nyika, Zimbabwe. It is generally agreed that approximately two thirds of every dollar of every business revenue stream finds its way through the back door of procurement. Because of that, the traditional role of procurement has come under serious scrutiny of late.

It-is-generally-agreed-that-approximately-two-thirds-of-every-dollar-of-every-business-revenue-stream-finds-its-way-through-the-back-door-of-procurementIt is generally agreed that approximately two thirds of every dollar of every business revenue stream finds its way through the back door of procurementIt is generally agreed that approximately two thirds of every dollar of every business revenue stream finds its way through the back door of procurement. Because of that, the traditional role of procurement has come under serious scrutiny of late. This makes a compelling argument for procurement professionals to realize that its role has been progressively changing over the past two decades or so.

Contributed by Charles Nyika
THE CHANGING ROLE OF PROCUREMENT IN MODERN COMMERCE