The Deloitte Global Chief Procurement Officer Survey 2017

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Key findings

  • 79% of procurement leaders to focus on cost reduction, and 48 per cent want to increase cashflow;
  • Almost six in ten see managing risks as a priority;
  • 52% of procurement leaders are focused on new products, services and market development;
  • Executive support for procurement change exists for 75 per cent of procurement leaders;
  • The majority of CPOs rate their current effectiveness of business partnering at less than 70% and have an ambition for future effectiveness to be greater than 90%; 60% of CPOs do not believe their teams have the skills to deliver their procurement strategy
  • 25% spend less than 1% of their budget on training
  • 75% of CPOs believe that procurement’s role in delivering digital strategy will increase in the future
  • Analytics will have the largest impact for over 65% of procurement leaders

 

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