... Chief procurement officers must communicate and justify annual priorities and actions for the year ahead. This research outlines the trends, challenges and actions to anticipate in 2025. Overview Recommended Actions Gartner Recommended Reading Gartner Research ...
Analyst(s): Cheryl Van Dyke | Fareen Mehrzai | Ryan Polk
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... This downloadable presentation offers an in-depth overview of the 2024 priorities of procurement’s business partners. By understanding these priorities, CPOs can strategically tailor their pitches to business partners, fostering and cultivating mutually beneficial partnerships. Gartner Research ...
... In a volatile environment, chief procurement officers can use this playbook to meet cost reduction targets. It includes strategies for handling uncertainty, being data-driven, uncovering savings, reducing service costs, aligning trade-offs and fostering a cost-conscious culture. Gartner Research ...
Analyst(s): Miguel Cossio | Joe Stephens | Ryan Polk
... Supply chain complexity and increased ESG regulatory requirements require companies to prioritize supplier engagement during due diligence. Chief procurement officers can use this tool to perform a risk-based analysis that helps identify which suppliers to focus on for enhanced scrutiny. Gartner Research ...
... Organizations initiate procurement transformations to manage increasingly complex demands but often end up creating more complexity instead. To solve the problem, chief procurement officers must draw on user experience to design simplicity into processes. Gartner Recommended Reading Gartner Research ...
... Chief procurement officers struggle to make progress on sustainability goals due to insufficient prioritization during purchasing decisions, lack of supplier data and staffing issues. CPOs can use this research to overcome these barriers and drive sustainability improvement in procurement. Gartner Research ...
Analyst(s): Miguel Cossio | Laura Rainier | Olivia Marino
... Procurement’s processes grow in complexity as they adapt to the function’s expanding role. Chief procurement officers can pair these three examples of process improvement tools associated with Lean and Kaizen with Gartner’s Designed Simplicity framework to reduce process complexity. Gartner Research ...
... Chief procurement officers often have lofty cost reduction targets that can be difficult to achieve. This research offers cost optimization strategies that focus on immediate cost-cutting improvements, midterm process reconfigurations and long-term transformational changes. Overview Introduction Analysis ...
Analyst(s): Michelle O'Sullivan | Joe Stephens | Sam New | Meghan O'Doherty | Cori Masters | Doohan Vaz | Ryan Polk
... activities necessary for digital innovation and transformation. Procurement technology leaders can use this research to understand required preparation and actions before evaluation, selection and implementation of AI in their procurement organization. More Detail Gartner Recommended Reading Gartner Research ...