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Propel your procurement function into the boardroom;
request Procserve’s complimentary half day eProcurement
Quickstart with a specialist consultant.
Click here to read more about Procserve Quickstart.
© Procserve Holdings Limited. All rights reserved.
WHAT ARE YOUR MAIN CHALLENGES
AS A BUSINESS IN 2014?
WHAT ARE YOUR MAIN BUSINESS
GOALS FOR 2014?
20%
STAND ALONE
20%
REPORT TO FINANCE
£
15%
GROUP FUNCTION CONSULTANCY
5% 10%
REPORTS TO COO
5%
INTEGRATED TO THE SUPPLY CHAIN
WHAT IS THE STRUCTURE OF YOUR
PROCUREMENT FUNCTION IN RELATION
TO OTHER AREAS OF THE BUSINESS?
DOES YOUR PROCUREMENT
FUNCTION HAVE A VOICE
IN THE BOARD ROOM?
80%
SAID YES
15% SAID NO
5% DIDN’T KNOW
HEAD
MANAGER
DIRECTOR
PARTNER/
OWNER
PROCUREMENT
ASSISTANT
Cost savings, integration,
technology transformation,
capability development
Save money, compliance,
tools are used, skills are utilised,
ensure the supply chain delivers,
better project delivery
New business, profitable
revenue growth, independent
procurement, savings
opportunities, develop P2P
process and metrics, new
product development,
implementing SAP
Support companies in the roll
out of S&P technology, roll
out best practices and solid
procurement planning
methodologies
Sole responsibility for new
projects, run an AQP, increase
use of e-Invoicing to deliver
efficiencies
Collaboration
Systems, sourcing best value,
business adoption, collaborative
working
Networking, improve SRM
process, more cross functional
projects, increased speed of
project delivery, identify
process improvements within
P2P and rank opportunity
Market analysis, eProcurement,
analytics
Keep to the business plan,
deliver projects on time ,
use MIS to identify suppliers
and encourage them to use
e-Invoicing instead of paper
WHAT TACTICS ARE YOU USINGTO ENSURE YOU DELIVER YOURBUSINESS GOALS IN 2014?
OBJECTIVES TACTICS
HOW OFTEN DO YOU REVIEWYOUR PROCUREMENT SPEND?
Formally quarterly
Informally regularly
Weekly
Per project
Annually
Daily
Didn’t know
10%
35%
10%
5%
5%
10%
25%
WEEKLY
ANNUALLY
DAILY
said Yes
said No
didn’t know
50%
20%
30%
IS YOUR BUSINESS LOOKING TO
INVEST IN NEW TECHNOLOGIES
IN 2014?
...OF THOSE THAT SAID
YES – IN WHAT?
Mobile technology
eTendering software
MIS Software
Implementation of
SAP & Oracle
SAP Upgrade
Downstream P2P
and upgrade of
upstream niche tool
80% YES
10% NO
10%
Didn’t know
PERCENTAGE OF PPL WITH A P2P OPPOSEDTO PERCENTAGE WITHOUT A P2P
THE MOST WIDELY USED P2PAMONG RESPONDENTS WAS...
DO YOU USE AN eMARKETPLACE?
30% said Yes
70% said No
36% said they
did know
what an
emarketplace is
64% said they
weren’t aware
?
OF THOSE THAT SAID NO THEY
DO NOT USE AN eMARKETPLACE...
Other
WHAT IS YOUR PREDICTION FOR
THE PROCUREMENT FUNCTION
OF THE FUTURE?
Procurement profile to be raised to
the board level.
The successful procurement function
will genuinely be viewed as a strategic
contributor to the top and bottom line
by the CFO and CMO. Less successful
teams will continue to be viewed as
tactical and transactional and won't
gain access to key spend areas.
More national public sector mandation
reducing regional hub arrangements.
It will evolve as a consultant organisation
where procurement folks will possess
rich experience from market to
supplement business decisions in
purchasing. Procurement would be
a valued SCM activity.
The value proposition of procurement
will shift from simply churning out
questionable savings to becoming a
department critical to the business in
delivering their strategic goal and a key
player in risk mitigation, cost reduction.
Procurement teams will be more
professional and more reliant on
technology.
For commercial focused businesses
supply chain needs to have board
presence in order to influence and
steer strategic decisions.
Technology has a significant role to play in the
future of procurement and its advancement. It
should not only be seen as a cost cutter, but as
a strategic function that can have a real impact
on the bottom line.
SUMMARY:
JOB TITLES:
JOB TITLES:
Partner/
Business
Owner
Procurement
Assistant
15% 35% 5% 25% 10% 10%
Head of
Procurement
Procurement
Manager
Procurement
Consultant
Procurement
Director
INDUSTRY BREAKDOWN
15%
85%
Public Sector
Private Sector
< 250
500 -
1000
1000 -
5000
5000 +
NUMBER OF EMPLOYEES:
20% 15% 20% 45%
COMPANY SIZE
of the respondents said:
Here is what some
WHAT WILL
YOU DRIVE IN 2014
PROCSERVE SURVEY RESULTS
Procserve surveyed a number of procurement
professionals to see what their main drivers
and challenges would be in 2014,
these are the results.
Change
management,
executing
transformation
plans
Ensure best value for
money at all times
with a decreasing
budget
To deliver increasing
services with reducing
staff and budgets
Challenge is to deliver
improvements in
supplier management
across key vendors
Uncertainty which
impacts on retention
of our best staff

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What will you drive in 2014? - Procurement Survey Results Infographic

  • 1. Propel your procurement function into the boardroom; request Procserve’s complimentary half day eProcurement Quickstart with a specialist consultant. Click here to read more about Procserve Quickstart. © Procserve Holdings Limited. All rights reserved. WHAT ARE YOUR MAIN CHALLENGES AS A BUSINESS IN 2014? WHAT ARE YOUR MAIN BUSINESS GOALS FOR 2014? 20% STAND ALONE 20% REPORT TO FINANCE £ 15% GROUP FUNCTION CONSULTANCY 5% 10% REPORTS TO COO 5% INTEGRATED TO THE SUPPLY CHAIN WHAT IS THE STRUCTURE OF YOUR PROCUREMENT FUNCTION IN RELATION TO OTHER AREAS OF THE BUSINESS? DOES YOUR PROCUREMENT FUNCTION HAVE A VOICE IN THE BOARD ROOM? 80% SAID YES 15% SAID NO 5% DIDN’T KNOW HEAD MANAGER DIRECTOR PARTNER/ OWNER PROCUREMENT ASSISTANT Cost savings, integration, technology transformation, capability development Save money, compliance, tools are used, skills are utilised, ensure the supply chain delivers, better project delivery New business, profitable revenue growth, independent procurement, savings opportunities, develop P2P process and metrics, new product development, implementing SAP Support companies in the roll out of S&P technology, roll out best practices and solid procurement planning methodologies Sole responsibility for new projects, run an AQP, increase use of e-Invoicing to deliver efficiencies Collaboration Systems, sourcing best value, business adoption, collaborative working Networking, improve SRM process, more cross functional projects, increased speed of project delivery, identify process improvements within P2P and rank opportunity Market analysis, eProcurement, analytics Keep to the business plan, deliver projects on time , use MIS to identify suppliers and encourage them to use e-Invoicing instead of paper WHAT TACTICS ARE YOU USINGTO ENSURE YOU DELIVER YOURBUSINESS GOALS IN 2014? OBJECTIVES TACTICS HOW OFTEN DO YOU REVIEWYOUR PROCUREMENT SPEND? Formally quarterly Informally regularly Weekly Per project Annually Daily Didn’t know 10% 35% 10% 5% 5% 10% 25% WEEKLY ANNUALLY DAILY said Yes said No didn’t know 50% 20% 30% IS YOUR BUSINESS LOOKING TO INVEST IN NEW TECHNOLOGIES IN 2014? ...OF THOSE THAT SAID YES – IN WHAT? Mobile technology eTendering software MIS Software Implementation of SAP & Oracle SAP Upgrade Downstream P2P and upgrade of upstream niche tool 80% YES 10% NO 10% Didn’t know PERCENTAGE OF PPL WITH A P2P OPPOSEDTO PERCENTAGE WITHOUT A P2P THE MOST WIDELY USED P2PAMONG RESPONDENTS WAS... DO YOU USE AN eMARKETPLACE? 30% said Yes 70% said No 36% said they did know what an emarketplace is 64% said they weren’t aware ? OF THOSE THAT SAID NO THEY DO NOT USE AN eMARKETPLACE... Other WHAT IS YOUR PREDICTION FOR THE PROCUREMENT FUNCTION OF THE FUTURE? Procurement profile to be raised to the board level. The successful procurement function will genuinely be viewed as a strategic contributor to the top and bottom line by the CFO and CMO. Less successful teams will continue to be viewed as tactical and transactional and won't gain access to key spend areas. More national public sector mandation reducing regional hub arrangements. It will evolve as a consultant organisation where procurement folks will possess rich experience from market to supplement business decisions in purchasing. Procurement would be a valued SCM activity. The value proposition of procurement will shift from simply churning out questionable savings to becoming a department critical to the business in delivering their strategic goal and a key player in risk mitigation, cost reduction. Procurement teams will be more professional and more reliant on technology. For commercial focused businesses supply chain needs to have board presence in order to influence and steer strategic decisions. Technology has a significant role to play in the future of procurement and its advancement. It should not only be seen as a cost cutter, but as a strategic function that can have a real impact on the bottom line. SUMMARY: JOB TITLES: JOB TITLES: Partner/ Business Owner Procurement Assistant 15% 35% 5% 25% 10% 10% Head of Procurement Procurement Manager Procurement Consultant Procurement Director INDUSTRY BREAKDOWN 15% 85% Public Sector Private Sector < 250 500 - 1000 1000 - 5000 5000 + NUMBER OF EMPLOYEES: 20% 15% 20% 45% COMPANY SIZE of the respondents said: Here is what some WHAT WILL YOU DRIVE IN 2014 PROCSERVE SURVEY RESULTS Procserve surveyed a number of procurement professionals to see what their main drivers and challenges would be in 2014, these are the results. Change management, executing transformation plans Ensure best value for money at all times with a decreasing budget To deliver increasing services with reducing staff and budgets Challenge is to deliver improvements in supplier management across key vendors Uncertainty which impacts on retention of our best staff