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TYPICAL CHALLENGES

Despite procurement controls 40-70% of firms' costs, most of its potential is untapped

Procurement controls 40-70% of costs, yet most of its potential is untapped

These following challenges limit procurement performance across organizations

  • DATA & TRANSPARENCY

    Decisions made without reliable view of where money is spent, which suppliers matter, and where opportunities exist

    DATA & TRANSPARENCY

    Decisions made without a full view of where money is spent, which suppliers matter, and where opportunities exist

  • DATA & TRANSPARENCY

    Decisions made without a full view of where money is spent, which suppliers matter, and where opportunities exist

  • EXECUTION & GOVERNANCE

    Savings identified but not achieved due to lack of ownership, skills, training, tracking, and cross-function alignment

  • STRATEGY & SOURCING

    Negotiations only at contract expiration or budget cut, no structured strategies based on demand, suppliers, and levers

    STRATEGY & SOURCING

    Negotiations only at contract expiration or budget cut, no strategies based on demand, suppliers, and levers

  • STRATEGY & SOURCING

    Negotiations only at contract expiration or budget cut, no strategies based on demand, suppliers, and levers

  • SUPPLY RISK & GEOPOLITICS

    Supply chains are increasingly exposed to disruptions, dependency risks, and external volatility, with limited mitigation

    SUPPLY RISK & GEOPOLITICS

    Supply chains are increasingly exposed to disruptions, dependency risks, and external volatility

  • SUPPLY RISK & GEOPOLITICS

    Supply chains are increasingly exposed to disruptions, dependency risks, and external volatility

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