Tag Archives: #CorporateObjectives

Why procurement should not report to finance?

Operational efficiency

Operational Efficiency   Operational efficiency, Procurement and finance are separate functions within an organization, each with its own distinct objectives and responsibilities. While it is common for procurement and finance departments to collaborate closely, there are valid reasons why procurement should not directly report to finance. Here are a few key points: 1. Independence and… Read More »

Business organization project?

Business organization project

  Business organization project    A business organization project commonly entails the creation and organization of a new business or the restructuring of an already existing business. This project aims to set up the organizational framework, define roles and responsibilities, and establish processes and procedures to ensure the smooth functioning of the business. Here are… Read More »