Gartner Research

What Sourcing and Procurement Leaders Must Know About Manufacturing Procurement Trends

Published: 17 August 2016

ID: G00294488

Analyst(s): Laurel Lippay, Richard Adams

Summary

Gartner reviewed 12 recent chief procurement officer studies to look for key trends and their impact on manufacturing companies. Sourcing and procurement leaders can use this research to learn what actions are needed to enhance value and performance.

Table Of Contents
  • Impacts

Analysis

Impacts and Recommendations

  • By prioritizing growth and workforce engagement, CEOs are accurately driving sourcing and procurement leaders to centralized, one-size-fits-all procurement models
  • Sluggish global demand is pressuring sourcing and procurement leaders to support margins by further reducing costs and increasing productivity
  • Corporate brand reputation and regulatory compliance increasingly involve the supply base, prompting sourcing and procurement leaders to implement supply visibility and risk initiatives

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