It’s time procurement and finance, two historically adversarial functions, join forces in an effort to create value for their company. The traditional scoreboarding relationship, built on distrust, poor communication and a lack of understanding of supply chain and financial realities, perpetuates misplaced tensions and missed opportunities.

Ed was the outspoken chief financial officer of a large manufacturing company who had an affinity for customers and a contempt for suppliers.

His disdain for procurement was legendary. Ed would brag about ...

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