Procurement Research by WBR Insights, ProcureCon
Procurement in the Driver’s Seat: Delivering ROI Through the Procurement Function
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Researchers surveyed 100 procurement professionals in various roles
to determine how the procurement function is demonstrating value and ROI.
In order to sustain the momentum behind procurement leadership, procurement professionals must identify metrics for reporting not just on cost savings, but also on the positive ROI resulting from the growth of the function. While historically this has been challenging, a host of new solutions and a corresponding abundance of data are putting more options at the fingertips of leaders in the field. Proving value to the C-Suite is critical for any business — for Procurement, strong metrics can be the fuel that allows them to sustain an ever-more central role in charting the course of the organization’s growth.
In this report, we explore the tools and techniques practitioners are using to demonstrate value and ROI.