Procurement and Supply Australasia: CEOs still don’t ‘get’ what their procurement teams do

4C Associates In the press

Leading management consultancy, 4C Associates has conducted research of over 500 procurement professionals. Of those surveyed, 48 per cent say their boss still doesn’t ‘get’ what the procurement team does or can do.  A total of 55 per cent 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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