procurement strategy and leadership Content

New Hackett research: Spend cost reduction back at the top of the CPO agenda

CPO agenda supply

The Hackett Group has published its latest research into CPO key issues for 2021. “Procurement must continue to focus on its core mission of spend cost reduction,” the report states, “leveraging digital tools and business partnerships to maximize savings. For example, specialized procurement technologies can elevate the strategic sourcing process, and leveraging new data sources can widen the marketing intelligence available to sourcing teams.” It goes on to lay out the top 10 priorities for CPOs this year, with supporting commentary, graphics and call to action. Here's an overview of the main themes.

2021 Procurement and Supply Chain Predictions from the market — GEP

predictions GEP

Last year at the end of December 2019, we ran a series of predictions about procurement and supply chain trends for 2020 from expert tech and service providers in the market. But who could have foreseen what happened in 2020! This year, the market again provides its predictions for the next 12 months and beyond, using learnings from the past year. Today we look at what consulting, software and managed services solutions provider to procurement and the supply chain, GEP, has to say.