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Over the last ten years the procurement function has been largely defined by a transformation from a tactical, cost-oriented component of corporate overhead into a strategic discipline that is focused on creating value. But in light of the current economic environment, the need procurement transformation is taking on new urgency. As procurement organizations embark on transformation, their focus must extend beyond basic block-and-tackling of controlling business processes. High performance organizations are increasingly looking at strategies to boost the effectiveness of their most important procurement assets -people.
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