Procurecon Indirect West 2021 Blog » Procurement Research Briefs

CPO Study 2020: Building Better Processes through Technology Driven Insights

According to findings from the ProcureCon 2019 CPO Study, 50% of CPOs consider their digital transformations as complete, or mostly complete. As time goes on, this number is set to grow, as the urgency of transforming to remain competitive becomes increasingly apparent and the work of making changes is done.

Centralization and the Development of Direct Procurement

While in the past, a decentralized approach to procurement may have been a tolerated strategy, today the majority of organizations have recognized that procurement is most effective when given the power to consolidate spending across the organization under their umbrella.