In today’s volatile commercial landscape-marked by inflation, cost pressures, fractured supply chains, and political uncertainty-procurement leaders face a pivotal moment.
Procurement’s Evolving Role: Beyond Cost Savings
While cost savings remain a core focus, the most successful procurement teams are delivering far more. They’re driving resilience, innovation, and sustainability-and in doing so, elevating procurement’s reputation across the business.
This year’s report, developed by 4C Associates in collaboration with the University of Birmingham, offers a comprehensive health-check of your procurement function. It benchmarks your maturity against over 400 organisations and provides actionable recommendations to unlock greater value across your operating model.
The Value of Maturity: Real Numbers, Real Impact
The data is clear: every step up in procurement maturity doubles the value delivered. For example, an organisation with a £250m external spend could unlock £11.6m in additional annual savings by moving from “Progressing” to “Established.” For larger organisations, the potential returns are even greater.
Download the full report now to discover where your organisation stands—and how to accelerate your journey to best-in-class performance.
Key Findings: What’s Holding Teams Back?
- 29% of organisations lack a clear procurement strategy. Without it, teams struggle to align with business goals and deliver meaningful value.
- Technology is a game-changer-but underutilised. Only 12% have a comprehensive digital roadmap, despite its potential to fast-track maturity and performance.
- Misalignment is costing value. A staggering 75% report only partial alignment between procurement and strategic objectives—leading to siloed teams and missed opportunities.
GET IN TOUCH WITH OUR TEAM TODAY
Want to explore how to make change stick in your organisation? Reach out to our team; we’d love to help you design change that works with human behaviour, not against it. Connect with Allison Ford-Langstaff, or Andy Hemsley.
