
of respondents
*Deloitte 2021 Global Chief Procurement Officer Survey
consider
operational efficiency in procurement
AS THEIR TOP PRIORITY
1
Procurement Strategy Development
Facilitate the development of a procurement-oriented organization
Develop and/or review structured policies and procedures
Develop procurement organization structure
2
Group Procurement Governance & Organization
Establish group procurement governance, policies and procedures
Identify, develop and align group capabilities
3
Setting Purchasing Categories Strategy
Evolve a strategic sourcing roadmap, interrelating savings with business goals
Develop category-specific strategies
4
Procurement Risk Management (PRM)
Utilize the PRM business model to identify sourcing risks across commodities and suppliers
Initiate a Risk Commodity Matrix, combining strategic commodities with business risks
5
Demand Management
Create a framework for demand management across the organization, enabling alignment and synergies
Prioritize strategic initiatives based on business needs and resource allocation
Establish feasibility studies and business plan modelling for strategic procurement initiatives
The Result
-
Achieve sustainable Cost Savings
-
Capture value and increase profitability
-
Maximize efficiency in Procurement operations
-
Reshape and improve Governance
-
Manage & minimize supply chain risk
