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For instance, during the great recession of 2009, 85% of Chief Procurement Officers reported they had more influence than prior to the crisis, but by 2013, that influence waned significantly for two-thirds of those leaders. You can download Gartner’s full report here.
We have tremendous insight into every part of the procurement process and all of the players involved, especially now with the help of eProcurement platforms like Ivalua. Take, for example, the incident at Target that happened in 2013. What kinds of risk can procurement help identify and prevent?
In 2013 they went live. In 2011 they had a proof of concept, resulting in the selection of Ivalua. That was followed by design workshops and in Sept 2012 they had a significant pilot involving 350 employees. To succeed it is mandatory to involve as many end users as possible.
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