WHITEPAPER: PROCUREMENT VALUE - IT'S NOT ALL ABOUT SAVINGS

How well do we understand what “procurement value” really means?

That’s what this Spend Matters paper explores, starting with the fundamentals of competitive advantage and the key metrics such as revenue growth and balance sheet strength that investors consider when evaluating a firm’s value. That’s important because procurement needs to align itself with those key measures of corporate success and value. The core of this paper then looks at eight distinct areas, from cost savings to revenue growth and access to scarce resources, through which procurement can lever real value, and identifies in each case how they can contribute to that wider organisational success.

Read this guide to:

• Understand how organisations perceive value
  
• Identify the different ways in which procurement can deliver real value to your organisation
  
• Develop ways to communicate that value in an effective manner to senior stakeholders

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