Commodity Management (the official term for life-cycle asset management of goods and services) presents an opportunity to amplify the value of government purchases. This can be achieved via the Procurement and Material Management (MM) functions of any department. A strategic, enterprise-wide approach to Commodity Management would enable coordinated asset management decisions, which would result in decreased costs and the creation of competitive advantage.
April 7, 2017
More Than Tactical Procurement: Commodity Management as a New Strategic Tool
Agile practitioners have demonstrated that procurement and material management can effectively influence business, drive full integration of the supply chain, and optimize the cost of ownership for the Crown.