The Procurement Metrics CPOs Need To Track in 2023

A MUST-READ FOR CPOs AND PROCUREMENT PROFESSIONALS

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The Procurement Metrics CPOs Need To Track in 2023

Nearly two-thirds (60%) of CPOs believe 2023 will be tougher to navigate than the previous year, with budget constraints being the top challenge. That was just one telling statistic unveiled in the recently published research sponsored by GEP and conducted by Ardent Partners — Procurement Metrics That Matter in 2023.

This eagerly anticipated annual report delves deep into the metrics that CPOs must monitor to deliver added value. It provides indispensable insights into procurement's strategic priorities within today's fast-paced business environment.

Why Read This Paper

Supply Chain Risks Continue

CPOs rank Inflation, budget pressures and recession risk as their top concerns

Savings Dominates the Agenda

Nearly half (46%) of CPOs are turning their attention to cost reduction

Taking a Multipronged Approach

Technology and collaboration are the leading strategies for CPOs to meet their objectives

Overcome Hurdles, Impact Operations & Add Value by Focusing on the Right Metrics

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