Taking The Measure Of Procurement's Effectiveness To Improve C-Suite Confidence
SAP News, Friday, June 9,2023
Business leaders greatly value the impact that procurement teams can have in their organizations. They're especially pleased with procurement's ability to tackle external risk. However, confidence wanes when they consider its ability to collaborate internally.
These are among the findings of a new research study by Economist Impact, sponsored by SAP. The study surveyed 500 executives, including chief financial officers, chief operations officers, chief procurement officers, chief supply chain officers, and chief human resources officers.
The resulting report, Decoding Confidence in the Procurement Function, explores how businesses and industries are transforming procurement to meet existing and emerging challenges.