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How do you improve efficiency and effectiveness of procurement function?

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Relevant answers:

How do you improve efficiency?
increased sa:v ratio
What is efficiency effectiveness?
Efficiency effectiveness can only be measured by results; cost efficiency, time efficiency, output efficiency, etc.
What are the functions of procurement?
bridgette
Is effectiveness is the result of efficiency?
Not necessarily. Efficiency means doing the same but for less cost, less waste, or less effort. Or efficiency can mean accompishing more but with the same effort or cost. In other words, efficiency...
Why is effectiveness better than efficiency?
Effectiveness is important because no matter how efficient your method/theory/work is, if its not working fine and has no significant impact than its useless.