The Source of Value: Research-Based Insights into How Procurement Drives Value

The Source of Value: Research-Based Insights into How Procurement Drives Value

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What is the source of procurement’s value to the enterprise?  How do organizations become more effective in achieving sustainable cost savings?  How can procurement deliver greater value? These questions are essential to the continuous improvement of the procurement function.  They are also the questions at the foundation of the IBM Institute for Business Value (IBV) Chief Procurement Officers (CPO) Study, which examines the specific procurement strategies that drive business results and bottom-line impact. The study, based on a survey of more than 1,000 procurement executives across more than 40 countries, takes a deep dive look at “procurement role models,” companies that achieved the most impressive revenue and profit performance.

 

 

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