Business developments, market forces and competitive pressures have a significant impact on how indirect procurement teams apply strategic, tactical and technical changes that enable them to provide additional value to their businesses.
CASME conducted a Procurement Examiner benchmarking study which identifies the most important initiatives that are being applied, and planned, to increase Procurement’s value. The report provides details of future plans and improvements in:
- Stakeholder Engagement
- Category Management and Sourcing
- Contracting
- Procure-to-Pay (P2P) processes and technology
- Staffing and Organisational Structures.
For more information on the What is Next for Indirect Procurement study please contact us.
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Procurement risk management tools are widely used across organisations.
Most procurement teams say they ‘do category management’.
Far fewer can show that their approach is consistent, measurable and embedded across the organisation.
Energy procurement risk management is becoming increasingly critical as energy markets navigate heightened price volatility and supply uncertainty.
Procurement is operating in a far more volatile environment than in recent years.