Strategy through clarity: why performance visibility is critical to increasing procurement’s value

Strategy through clarity: why performance visibility is critical to increasing procurement’s value

The past few years have placed a new set of demands on the procurement function.

Geopolitical instability and global inflationary pressures, along with a worldwide pandemic, have created a perfect storm of risk. It is no longer enough for procurement to focus just on cost - now it must prove it can manage risk and deliver value.

In this latest whitepaper, published in partnership with SpendHQ, we explore how:

  • The pressure is on procurement to prove that it can manage risk and deliver value

  • Risk management support and value are now 'givens', alongside cost control, as procurement priorities

  • Procurement must gain access to data and tools that will help it support the business functions and demonstrate procurement's value