A story from the real world of procurement.
Recently, I was in a meeting with the Head of Procurement at a large Danish trading company. The company generates more than DKK 1 billion in revenue, and just a few days earlier, the following conversation had taken place between the CEO and the Head of Procurement:
This conversation is not unusual. Quite the opposite. Everywhere, procurement leaders are working hard to keep their businesses healthy and protect the core business. They stand right in the middle, balancing inventory levels and the company’s ability to deliver. At the same time, they operate in the tension between strong operational and commercial interests.