Enhancing and redefining the role of indirect procurement – research findings and results – Part 3

Enhancing and redefining the role of indirect procurement – research findings and results – Part 3

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Part 3: Powering your business through Procurement Outsourcing

Access:
Part 1 |

Part 2

This
whitepaper, which is the third and final whitepaper in the series, investigates
outsourcing as a strategy to augment existing capability, enhance expertise and
enable procurement to power your business.

The principal goals of the research were to identify:

  • Organizations’ attitudes, specifically amongst finance and procurement professionals, towards the indirect procurement function
  • The current role that indirect procurement plays and the desired future role of the indirect procurement function
  • Business perceptions of the value currently being delivered from this aspect of procurement
  • The benefits senior stakeholders are seeking from the indirect procurement function
  • Insights into the ways in which indirect procurement needs to develop within the organisation
  • The current and planned usage of procurement outsourcing

The research was conducted through interviews with 120 Senior Executives in
Continental Europe, UK and the US, with half coming from Procurement and the
other half from Finance.

Contributors:
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