How procurement can help your company party like it’s 1999
By: Matt Holzapfel
A comprehensive study done by AT Kearney in late 2014 showed that 75 percent of procurement organizations have not improved their productivity since 2011. This seems hard to believe given procurement’s constant push for efficiency gains, declining commodity prices, and the rise of technology designed to make businesses more efficient. This is especially troubling with sales growth stagnating at the world’s largest companies.