Effective Procurement Performance Measurement

Effective Procurement Performance Measurement

In January 2020, Ivalua commissioned Forrester Consulting to evaluate the need for effective procurement management. Forrester conducted an online survey with 409 finance and procurement leaders at organizations with 1,000 or more employees across the UK, France, Germany, the US and Canada. Forrester found there are drastic disparities in the measurement approaches of procurement organizations of various maturities that contributes to a widening gap in terms of value created and stature within the businesses.