In Case You Missed It … Procurement and Supply Market Roundup

We can't comment on every press release that hits our desks, but here are a few market news stories this week that we thought we should bring to your attention, and some of our own you may have missed - we may have more from our analysts in the coming days  ...

SAP Ariba's ValueX Approaches - Wednesday 30th October London

A final reminder that ValueX takes place next week, an opportunity to connect with peers, and experts in your field. A wide array of topics are on the agenda along with real examples of innovation and a diverse range of speakers including John Penrose MP and Prime Minister’s Anti-Corruption Champion. Register here.

Chief Procurement Officer Survey 2019

Deloitte, in association with (and with input from) Spend Matters, released their annual CPO report this week: "Global Chief Procurement Officer Survey 2019." The report focuses on the complex role that CPOs face, including "emerging economic and political risks in every direction they turn,” feeling under pressure to cut costs. More about the report and its findings are here.

New Study on IT product mark-ups reveals the scale of margins

Technology services provider Probrand has conducted a study on more than £12 million worth of tech spending across 20 sectors over a two-year period. As specified by the Society of IT Managers, industry best practice states that organisations should not be paying more than a 3% margin to suppliers, however, Probrand’s study reveals that the average margin paid across all sectors and purchases is 14.08%. The report also reveals which products drive the highest margins. Access the report here.

Help Influence Procurement’s Role and Purpose of the Future – New Survey

We are helping to promote a new survey, from international business consultancy, Inverto, which asks procurement leaders across the globe about their view of the role and purpose of procurement in the future and its impact on business. To understand more about the background to the survey and what Inverto hopes to get from the results read this. And to take part in the survey (which takes 10 minutes to complete) and to get a free copy of the resultant report, Click here.

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