NEW Survey: The State of Procurement 2018 – Age of Intelligence
I am pleased to announce that the survey for our annual “State of Procurement and the CPO” report is now open. If you have 15 minutes to spare today or later this week to complete the survey, I would be most appreciative. By taking the survey, you have an opportunity to help advance the collective knowledge of the entire procurement profession AND get a full view into the current “State of Procurement” when the report publishes.
Report Title: CPO Rising 2018: The Age of Intelligence
RESEARCH SURVEY (click to take it)
Take the Survey – Get the Free Report
This 13th annual CPO report is one that I first started writing in 2006 and has become, in many ways, the defining report at Ardent Partners. Over the years the report has tackled various themes, including People and Spend Management (2006), the Rise of the CPO (2008), the Tough Times… of the global recession (2009), Procurement-led Innovation (2011), and Procurement Agility (2015), to name a few.
This year’s theme is “The Age of Intelligence.” Today, process-automation tools can enable fewer hands to transact greater volumes of work, which has allowed Chief Procurement Officers and their teams to shift their focus to the strategic parts of the business, like relationship-building and long-term planning. The tools have also helped practitioners and leaders extract more value out of their processes by capturing and managing procurement, supplier, and third-party data. The key to value creation, however, is for CPOs and other procurement pros to convert these data streams into intelligence; and then leverage that intelligence to make faster, more-informed decisions across the full scope of operations. In the Age of Intelligence, procurement teams will have an unprecedented opportunity to become smarter, more agile organizations that can extend and enhance their capabilities and accelerate to the next level of performance. This year’s survey also asks questions to gain an understanding of your procurement department’s recent performance and overall focus for the year ahead.
Readers of this site know that the data we collect from the survey is used to define Best-in-Class procurement performance for 2018 and fuels many new articles on this site. The report will also have strong linkage to our 2018 CPO Rising Summit that will be held in Boston this fall (watch for our upcoming announcement).
Anyway, I would greatly appreciate it if you or one of your colleagues could take a few minutes this week to participate (practitioners only). Thanks!