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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Even well-designed procurement strategies can fail to deliver when stakeholders are not aligned.
Procurement transformation has become a constant priority for organisations seeking greater efficiency, resilience and value creation.
Written by Graham Crawshaw, Procurement Content Director, CASME
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