Mar 05, 2021

Top 10 tips to become a procurement master

Procurement
ProcurementMaster
TOP10
ProcurementStrategy
Matt High
4 min
Top 10 tips to become a procurement master
Forget about the processes. It’s not necessarily the first strategy you’d consider when looking to significantly improve your procurement strategy...

Forget about the processes. It’s not necessarily the first strategy you’d consider when looking to significantly improve your procurement strategy. And yet, according to a recent report from global management consultancy, Accenture that’s exactly what you should be doing… 

Accenture has taken an in-depth look at so-called ‘procurement masters’, the top 10% of procurement organisations in terms of their performance and identified just what it is they’re doing that you might not be. According to Accenture, procurement masters deliver a 15:1 ROI across their organisations, while more than 63% of them have better capital efficiency than their peers. Here’s 10 key strategies that can make you a master too. 

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