
The CFO’s View of Sourcing -- Getting more to the bottom line,' September 2005
From the Executive Summary...
Uncertainty, slower revenue growth, and lower profit margins caused by higher interest rates and commodity-driven inflation will place greater demands on both. Finance and Purchasing to control costs. Despite the advancement of the purchasing function and executive support of policies and procedures, CFOs see broader business limitations that must be addressed to ensure the enterprisewide sourcing activities are established as key contributors to corporate competitiveness.
This report provides insights into sourcing, its strengths, and weaknesses from the viewpoint of finance managers
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