Deloitte: What Does Chief Procurement Officers on the ‘other side’ think Deloitte CPO Survey 2017- Highlights
Procurement is using the procurement levers of consolidating spend (40%), increasing competition (35%), specification improvement (28%), increasing levels of supplier collaboration (26%) and reducing total ownership costs (26%). The survey shows that executive support for procurement has never been stronger. For high performing CPOs who wish to have significant influence over commercial decisions, value delivery and risk management, the elevated expectations of the organization will demand a significant improvement in execution, performance and leadership.
This year 75% of CPOs surveyed believe that procurement’s role in delivering digital strategy will increase in the future and are also clear that technology will impact all procurement processes to some degree.