Log in / Register for free

CIPS

Moving beyond cost versus value: Procurement’s new imperative

Moving beyond cost versus value: Procurement’s new imperative

A 2017 survey on the future of procurement, conducted in partnership with Proxima, the world’s largest independent procurement services company, found the majority of the 400 procurement specialists that responded said cost-cutting is top of the business agenda, while adding value is procurement’s highest priority.

The need to tackle the existing disconnect between procurement and business is acknowledged by many procurement professionals themselves.

Related Expert Reports

Supply Chain Risk Outlook

Supply Chain Risk Outlook

This report combines Verisk Maplecroft’s proprietary Global Risk Data with analysis from a team of experts, to reveal the opportunities and threats facing global supply chains in 2026.

Vantify Annual Compliance Report 2026

Vantify Annual Compliance Report 2026

Drawing on thousands of live compliance assessments across fire safety, water hygiene, asbestos management and operational risk, the Vantify Annual Compliance Report 2026 provides procurement and supply chain professionals with a data-driven view of the compliance and facilities management trends shaping the sector, giving you the intelligence to benchmark your approach against the organisations setting the standard.

Buying Through Climate and Nature Risk

Buying Through Climate and Nature Risk

A competitive, well-prepared procurement strategy in 2026 involves not only considering factors like price, quality and reliability, but also taking into account direct and indirect carbon costs and nature-related supply risks.

First Name

Last Name

Work Email

Create Password

Please select an option

Please select an option

Phone (incl international code)

Please select an option

Company

Please select an option

Please select an option

Please select an option

Please select an option

CIPS Membership Number

Privacy Notice

We sometimes partner with other organisations to create industry-leading content pieces that are free to access. Details of other organisations we work with can be found within our Privacy Statement.

CIPS would like to keep you updated by email and phone with information and opportunities which we hope will help you in your work. We believe this demonstrates a legitimate interest in using your details for marketing messages for similar topics and purposes as the event you have registered for.

Please tick here if you DON’T want to receive relevant products, promotions and other services from CIPS via the following channels:

by email Required

by phone Required

We will use your details to ensure you receive messages that are relevant to you. You can stop receiving these messages from us at any time in the future, via the unsubscribe link on any email received or by contacting us directly.

By selecting "SIGN UP" you confirm that you agree to our Terms and Conditions statement.

First Name

Last Name

Work Email

Create Password

Please select an option

Please select an option

Phone (incl international code)

Please select an option

Company

Please select an option

Please select an option

Please select an option

Please select an option

CIPS Membership Number

Privacy Notice

We sometimes partner with other organisations to create industry-leading content pieces that are free to access. Details of other organisations we work with can be found within our Privacy Statement.

CIPS would like to keep you updated by email and phone with information and opportunities which we hope will help you in your work. We believe this demonstrates a legitimate interest in using your details for marketing messages for similar topics and purposes as the event you have registered for.

Please tick here if you DON’T want to receive relevant products, promotions and other services from CIPS via the following channels:

by email Required

by phone Required

We will use your details to ensure you receive messages that are relevant to you. You can stop receiving these messages from us at any time in the future, via the unsubscribe link on any email received or by contacting us directly.

By selecting "SIGN UP" you confirm that you agree to our Terms and Conditions statement.