Modern procurement calls for different strategies and organizational structures in generating the most value for the business. Procurement performance, intelligence, and collaboration are key drivers to ensuring that today’s procurement organizations are able to work hand in hand with the business to ultimately deliver shareholder value. The research presented here, conducted by the Procurement Leaders Network in conjunction with SAP, examines the issues of modern-day procurement. In a survey conducted in April–May 2010, we asked over 320 procurement executives about what strategies are working today in a time when procurement organizations are transforming themselves from a back-office function to a strategic one that leads the way into the future.

Contributors: SAP
Categories: Whitepaper
SRC Type: Benchmarking and Analysis, Category Specific, Procurement Operations, Sourcing, Staff Augmentation, Strategy