The Power of Procurement
The Power of Procurement, A global survey of Procurement functions
KPMG Advisory, February 2012
The report by KPMG Advisory highlights that procurement functions need to extend their activities and take on a more strategic role within the organization. The survey results show a lack of focus on ongoing supplier relationship management and even less participation in the ‘make versus buy’ decision process. It also points at a lack of preparedness around supply chain risk. The report offers five key recommendations for tackling these challenges.