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Top Priorities of Procurement
28%
27%
17%
24%
17%
18%
17%
14%
18%
44%
42%
51%
43%
43%
39%
40%
39%
32%
Role of procurement as trusted advisor
Reduce/avoid purchase cost
Improve procurement's business agility
Expand scope/influence
Deepen influence on complex indirect spend
Enable innivation/tap supplier innovation
Increase internal stakeholder satisfaction
Reduce supply risk
Improve supplier delivery performance
Critical Issues Major Issues
Key Issues Study, The Hackett Group, 2015
Elevating “Role of procurement as a
trusted advisor” appears as top priority
It involves participate in budgeting &
planning cycles by providing
–
Cost insights into less expensive
alternatives
–
Ensuring optimal RoI on
investments
Reducing purchase costs still continue
to dominate top priorities
Issues Responded by Respondents in Procurement Role