Thursday, July 15, 2010

Global Survey of Indirect Procurement Best Practices Shows that Companies are Adopting New Practices, Such as Outsourcing and Analytics, at a Much Slower Rate than Expected


Procurement Executives from 94 Multinational Companies Participate in Global Survey of Indirect Procurement

Today global management consulting firm A.T. Kearney released the results of a global study, The Indirect Procurement Study (IPS). The survey showed that indirect procurement categories like IT, marketing and advertising, facilities management, MRO, Logistics and professional services, have become increasingly important to Chief Procurement Officers and their organizations. The study identified how leading organizations are managing the procurement of indirect goods and services. Respondents to the study included procurement executives from 94 multinational companies with a combined indirect spend of $134 billion.

See full Press Release.