Capegemini on Global CPO has revealed that 70 % of the CPO has agreed that their company has been targeting cost savings up to 5% from the last year value . Many contracts have to be renegotiated in the view of recession and lack of demands . Others issues highlighted in the surveys wereRecent surveys done by
E procurement and other eRFI ,eRFQ tools have been only utilised only in 20% of the total transactions of their companies.
Shortening of Planning term. These are now short and specific objectives
Loss or retaining of procurement talent
- ► 2010 (21)
- ▼ 2009 (19)