spend cost reduction

The Top 10 Actions CPOs Must Take in 2021

Posted: 03/09/2021 - 19:15
The 10 most critical actions and accomplishments for chief procurement officers.

According to The Hackett Group’s 2021 Procurement Key Issues Study, the 2020 crisis continues to shape the 2021 procurement agenda. Unprecedented business disruption forced procurement organizations to refocus on supporting critical business operations and harnessing the value from supplier relationships, resulting in a pivot toward supply assurance and spend cost control.

In 2021, spend cost reduction remains the top priority for the procurement agenda and procurement must provide stability to the enterprise through spend cost control and supply assurance.

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