Not all procurement organizations have a Center of Excellence (CoE) in place, but the most innovative ones certainly do. Pierre Mitchell (chief research officer, Spend Matters) introduces Procurement Centers of Excellence (CoE) – What’s In Them and How to Set Them Up, a new piece of free research, available for a limited time here.
An excerpt: “There is no one perfect way to organize your procurement CoE. It does depend on your existing organization structure and operating model (e.g., if you have a GBS model; how sophisticated is a GBS group), especially at the individual capability level. That said, most large progressive procurement organizations have a fairly common way to organize the overall structure.”
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