Procurement Strategy

Is the "Procurement UBERization" the next big thing? The outline of a new economy can be anticipated: unemployment, minimal wages, and pay-per-use models in many segments of our life.

A recently published report has identified the top 10 issues facing procurement leaders in 2022. It provides insights on how to solve them by evaluating data from two CPO priority-related reports (the benchmarking study.

In a recent study conducted by McKinsey & Company, they looked at how CEOs and company executives can respond to rising prices. According to the study, there are two traditional approaches to battle rising prices: pricing itself and Procurement strategy.

Recognizing and encouraging strategy as a relevant topic significantly contributes to the procurement profession. Cirtuo has identified some trends in strategic procurement, which will continue to gain pace as the matrix evolves!

As far as creativity in procurement strategy is concerned, the sky is the limit. We have calculated 2,87 x 10^67 possible situations leading to a unique category strategy.