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 …

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 …

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 …

81% of Finance Leaders single out cutting costs

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London, UK – 22 March 2012: 81% of Finance Leaders surveyed at the Economist’s CFO Summit 2012, said they believed additional savings could be made through procurement.  An additional 65% identified supply chain and logistics as key areas to cut costs. “It’s no surprise given the current economic situation that cost transformation is a real concern for finance leaders,” said …