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.

Proxima

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