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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

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Guide: Building a business case for CLM

When trying to convince an organisation to invest in a contract lifecycle management (CLM) solution, compiling a business case can make the difference between success and failure.

This guide provides the different elements to consider, the thought process to pursue, and the details to include in each section.

Time to Lead: CIPS Global State of Procurement & Supply 2026

Time to Lead: CIPS Global State of Procurement & Supply 2026

Geopolitical volatility. Rising risk. AI acceleration. ESG accountability. Procurement and supply professionals are navigating a landscape of shifting pressures and expanding expectations. The CIPS Global State of Procurement and Supply 2026, supported by GEP, reveals a profession at a defining moment and leaders stepping closer than ever to the heart of organisational strategy.

Procurement Transformation Playbook: Innovate

Procurement Transformation Playbook: Innovate

Procurement is no longer just about cutting costs, it’s about creating value, driving efficiency, and building resilience in an unpredictable world. In the third of Market Dojo's playbooks, learn how to elevate procurement through strategic influence and innovation.

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