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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Following recent ProcureCon Connect debate in Paris, this article explores the tension procurement leaders are navigating between cost discipline and the strategic role of ESG in procurement.
Procurement is not dealing with a single disruption. It is managing multiple forces simultaneously, with no clear end point.
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.