How to Measure and Report Procurement’s True Impact

A MUST-READ FOR CPOs AND PROCUREMENT PROFESSIONALS

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How to Measure and Report Procurement’s True Impact

For many enterprises, the number one procurement performance metric is still cost savings. And without a doubt, it will remain key.

But far too many procurement teams – either through ignorance or fear – give themselves short shrift on a wider range of meaningful metrics and thereby fail to demonstrate their true impact on the enterprise.

In this exclusive GEP Insight briefing, Cost Avoidance vs Hard Savings: How to Better Measure Procurement’s Impact, industry wiseman Bill Huber of Alsbridge weighs in on the best way to measure and report procurement savings. Bill also discusses the changes procurement teams must make in the savings reporting methodology to reflect their true performance and contribution to their company’s bottom line.

A quick read, but essential for all sourcing and procurement pros (complimentary access).

“GEP is uniquely positioned to advise clients, bringing its category and transformation expertise to help clients achieve their specific organizational, supply management and process efficiency objectives.”

Why Read This White Paper

Strategic Impact

Moving beyond savings tracking to demonstrate procurement’s true impact and value-add

Better Reporting

The best ways to measure and report procurement savings

Procurement-Finance Alignment

Using savings tracking methodologies that finance would endorse

Learn How Best-in-Class Procurement Teams Measure and Report Savings – Read It Now

About Us

GEP^® delivers AI-native procurement and supply chain solutions that help global enterprises become more agile and resilient, operate more efficiently and effectively, gain competitive advantage, boost profitability and increase shareholder value.

Fresh thinking, innovative products, unrivaled domain expertise, smart, passionate people — this is how GEP SOFTWARE™, GEP STRATEGY™ and GEP MANAGED SERVICES™ together deliver procurement and supply chain solutions of unprecedented scale, power and effectiveness. Our customers are the world’s best companies, including more than 1,000 Fortune 500 and Global 2000 industry leaders who rely on GEP to meet ambitious strategic, financial and operational goals.

A leader in multiple Gartner Magic Quadrants, GEP’s AI-native procurement and supply chain platform consistently wins awards and recognition from industry analysts, research firms and media outlets, including Gartner, Forrester, IDC, ISG, and Spend Matters.

GEP is also regularly ranked a top procurement and supply chain consulting and strategy firm, and a leading managed services provider by ALM, Everest Group, NelsonHall, IDC, ISG and HFS, among others.

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