Supply Management: Half of bosses ‘don’t get procurement’

4C Associates In the press

In a poll of 521 CPOs, managers and procurement personnel, 48% said their boss “still doesn’t get what the procurement team does or can do”. More than half (55%) said procurement was treated as a support function that existed to cut costs rather than add strategic value.

Procurement departments need to highlight to their businesses what services they can provide beyond cost cutting, said Mark Ellis, partner at consultancy firm 4C Associates, who conducted the survey.

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