This infographic emphasizes that procurement excellence drives greater business value by shifting focus from lowest price to total cost of ownership, ensuring the right goods at the right time and place, and positioning procurement as a strategic advisor. Top-performing procurement teams are 78% more likely to be seen as valued business partners and twice as likely to exceed expectations. Technology adoption is key—leading organizations report higher savings, more electronic transactions, and less maverick spend. Those with consumer-like tools see 3.6x productivity gains, highlighting the impact of intuitive, automated processes on efficiency and user satisfaction.

Join for free to read