A study indicates that, while cost efficiencies are still a high priority with procurement professionals, an inability or unwillingness to effectively use new technology has resulted in a stall in achieving those goals.
A study by a firm that specializes in benchmarking indicates that, while cost efficiencies are still a high priority with procurement professionals, an inability or unwillingness to effectively use new technology has resulted in a stall in achieving those goals.
According to the study, conducted by Hackett Benchmarking/solutions, highly paid procurement managers and professionals are too often focused on transactional processing activity, reflecting a failure to leverage best practices.