Lost Sourcing Savings: Survey Data Suggests a Crisis (Part 1) [PRO]

Last week, I participated in an ISM webinar highlighting how (and why) procurement organizations fail to implement sourcing savings. During the event, Spend Matters asked the audience (approximately 500 practitioners) a number of poll questions: Does your organization have a formal program to ensure that identified savings through sourcing and supplier management programs become implemented savings numbers? What percentage identified savings do you estimate that your organization successfully implements from sourcing and supplier management events and programs?

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