Procurement Plays A Key Role In Restoring Growth: View Business Spend And Suppliers As A Resource To Optimize, Not A Cost To Minimize

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Procurement Plays A Key Role In Restoring Growth: View Business Spend And Suppliers As A Resource To Optimize, Not A Cost To Minimize

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The COVID-19 pandemic has severely disrupted supply chains on a global scale. Business executives and procurement leaders have had to rapidly adjust to maintain business operations, fulfill urgent demands, and mitigate risks. This has elevated the role of procurement, but to maintain that status and deliver more strategic value, leaders must show how they can help restore growth as they look to the future. Ivalua commissioned Forrester Consulting to evaluate how the procurement function can help businesses restore growth. Forrester conducted an online survey with 454 procurement leaders in North America, Europe, and Asia Pacific to explore this topic.

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