The New Money Makers

Reengineer your purchasing and supply management department. Do it well and save big. Do it so well, you turn around and offer your services to the outside world. Enter not only a more sophisticated profession but a whole new industry


Procurement reengineering is not only saving companies millions of dollars, but for a few stalwart pioneers it's also making money. After developing their own internal, world-class procurement systems and processes, companies as diverse as IBM and Wells Fargo Bank have decided to pass the experience on to others for a tidy fee, of course.

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