A strong operating model is the backbone of procurement. It supports the strategic goals of the business, drives positive change, and has a direct impact on the company’s bottom line.

But there is no one-size-fits-all procurement operating model. To choose the model that will have the greatest impact on value creation, procurement must consider the organization’s unique needs and priorities, such as cost, speed, spend control, and even culture. 

How do procurement leaders know which operating model will drive the best results? 

In this whitepaper, we worked with the team at ProcureAbility to provide an in-depth analysis of the 3 main operating models for procurement and the benefits of establishing a Center of Excellence. 

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