Leadership: Driving innovation and delivering impact The Deloitte Global Chief Procurement Officer Survey 2018
Consulting
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Introduction Executive summary Market outlook Value and collaboration Talent and leadership Digital procurement Action starts here Industry and regional overviews About the participants
Introduction Welcome to the annual Deloitte Global Chief Procurement Officer (CPO) survey. For the past seven years, our survey has provided a global benchmark of the sentiment of procurement leaders and an insight into the key themes and challenges facing procurement, including market dynamics, value and collaboration, talent and leadership, and digital procurement. The survey was conducted in association with Odgers Berndtson. 504 procurement leaders from 39 countries took part, representing organisations with a combined annual turnover of $USD5.5 trillion. Whether you are a member of the c-suite, a procurement leader, business partner, procurement practitioner or supplier, we hope that you will find this report valuable for further developing your ambition, strategies and performance. We would like to thank the many executives who have contributed their time and insights for this survey. We look forward to continuing the journey with you.
Acknowledgements Regional and country contacts Further insights Endnotes
Brian Umbenhauer Global Head of Sourcing & Procurement Principal, Deloitte Consulting LLP
Lance Younger EMEA Head of Sourcing & Procurement Partner, Deloitte Consulting MCS
Watch Brian and Lance talk about the survey findings 1 01
Leadership: Driving innovation and delivering impact | The Deloitte Global Chief Procurement Officer Survey 2018Leadership: Driving innovation and delivering impact| The Deloitte Global Chief Procurement Officer Survey 2018
Introduction Executive summary
Survey findings at a glance 1
Market outlook
5
78%
58%
Cost reduction
New products/market development
73% of procurement believe they have the support of their organisation’s leadership
54%
Value and collaboration Talent and leadership
Managing risks
Remain the top business strategies for procurement leaders
Digital procurement
6
2 4
61% of procurement leaders delivered better year-on-year Overall supply chain transparency is poor with savings performance than in 2017 Only one in four Pages from print document to be inserted, and centred here at 100% scale... procurement leaders 23.5% (297x210mm) are excellent The same as last year business partners 9% contributing of procurement leaders Worse than last year significant strategic having limited or no Better than last year value visibility beyond their
Action starts here Industry and regional overviews
6.5%
About the participants
Tier 1 suppliers ...
No formal performance tracking
Acknowledgements 3
Regional and country contacts
Procurement leaders are primarily focused on specific procurement levers to deliver value over the next 12 months
Further insights Endnotes
2
Consolidating
Reducing total life
Increasing
Specification
Increasing level of
spend
cycle/ownership costs
competition
improvement
supplier collaboration
02
Leadership: Driving innovation and delivering impact impact | The Deloitte Global Chief Procurement Officer Officer Survey 2018
as predictive analytics and collaboration ...... Analytics will have the most impact on procurement in the next two ..... importance to cybersecurity and data privacy.
The top four business priorities for CPOs in 2017 show an increased focus on cost reduction and cashflow. 57% ... 2016. 25%. 2017. Growth: the cost and digital imperative | The Deloitte Global Chief ...... Global Human Capital Trends 2016.
Cost reduction is the top priority for CPOs as they look to sustain business growth in a ... support. Our report delves into these and other sentiment levels across the following ..... The number of CPOs looking to increase outsourcing in each.
Conducted in association with Odgers Berndtson, the 2016 survey is our largest ... Cost reduction is the top priority for CPOs as they look to sustain business growth in a slowing .... This is driven by a general trend of margin improvement and.
FTSE100 UK equity index since last summer has been accompanied by a softening in corporate risk appetite. The proportion of CFOs who think now is a good.
Nov 11, 2017 - the insights from CFOs across 19 countries in Europe on market and .... later in the year, holding back the pace of recovery in the economy.
Chief marketing officer. New product development. Make vs. buy ..... part of the record to report process. They use spreadsheets, email, and their ERP to perform.
This is the very first survey of cyber reporting practices covering the full FTSE 100 and it should help ... the contact list or my Deloitte governance team if you would like to discuss any areas in more detail. .... effective m ..... Marks and Spenc
computer. 75%of teachers believe that digital learning content will totally replace printed .... illuminate that teachers are uniquely trusted by other teachers, .... this critical group hasn't embraced or deployed these tools as aggressively as thei
