Finance Digest: CEOs Still Don’t ‘Get’ What Their Procurement Teams Do, Finds Research

4C Associates In the press

According to research involving over 500 procurement professionals* by leading management consultancy, 4C Associates, 48% said that their boss still doesn’t ‘get’ what the procurement team does or can do.  55% say they are treated as a ‘support’ function – there to just cut costs rather than recognised for the strategic value they can add across the business such as developing supplier relationship management initiatives or brand reputation.

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