Did you know that procurement has a new to-do list? According to Ardent Partners’ report, CPO Rising 2015, “Agility will define the next wave of procurement success.” Take a look at the five components of the “agility agenda” to see how you can infuse your business with agile, creative characteristics while maintaining discipline and efficiency.

1. The Agility Agenda
for Procurement
Ardent Partners surveyed hundreds of chief procurement officers (CPOs) for its
annual "CPO Rising 2015" survey – and the results are clear. To keep pace with
dynamic procurement needs, volatile market conditions, and the pressure to perform,
procurement must adopt a new agenda with more adaptive strategies and processes.
Take a look at the five components of the “agility agenda” to see how you can infuse your
business with agile, creative characteristics while maintaining discipline and efficiency.
Source
“CPO Rising 2015: The Agility Agenda,”Ardent Partners, 2015.
Embrace continuous improvement
Procurement’s Process Capabilities
71%
68%
58%
38%
35%
Keep standardizing and automating processes to improve scalability.
Start holistically reducing complexity to eliminate barriers to progress.
Do not have a standardized
supplier performance
management process
Do not have an active supply
risk management program
Do not have a standardized
spend analysis process
Do not have a standardized
contracting process
Do not have a standardized sourcing process
The Process Agenda
Enable fluid resource allocation
Procurement’s Top People Strategies
60%
49%
47%
43%
Increase business skills training
Improve category management skills
Actively mentor people
Improve supplier management skills
The Organization Agenda
Propel Your Organization to the Next Level of Performance
By developing an agility agenda, you can be more adaptive, proactive, and
innovative without compromising procurement discipline and efficiency. Build a
procurement function that is aligned with the changing needs of the enterprise –
and helps your organization become best in class.
Download your complimentary copy of the full report today.
Get the Full Report
“CPO Rising 2015: The Agility Agenda” includes the full survey results, a
comprehensive set of recommendations, performance benchmarks, and a
detailed, actionable agility agenda.
Align with the strategic plan and objectives of the enterprise.
Empower talent to focus on the right opportunities at the right time.
Interlink planning with execution
The CPO’s Top Drivers for Future Success
Practice proactive people management.
Focus on operational improvement.
The Strategic Agenda
66%
53%
53%
48%
44%
Earlier engagement of
sourcing opportunities
New (or improved) technology
Larger and/or more talented staff
Better communication plan
Better team execution
Catalyze change with transformative solutions
Procurement’s Technology Advantage
33%
55%
47%
64%
46%
52%
38%
40%
25%
48%
Look to the cloud to improve ease of use, ease of adoption, and adaptability.
Plug into the power of business commerce networks to boost collaboration
and visibility.
Turn to simple mobile apps for supply management to better serve a workforce
on the go.
Best in class*
The Technology Agenda
All others
*Achieved 90% spend under management
Business network
E-payables
E-procurement
E-sourcing
Automated spend analysis
Evaluate, improve, and repeat
Best-in-Class Framework for Procurement Performance
Take a balanced approach to measuring and evaluating metrics.
Link the overall procurement strategy document to the primary goals of the
enterprise.
Link scorecard metrics directly to the overall procurement strategy document.
Spend under
management
Addressable spend
that is sourced
Contract-compliant
spend
The Performance Agenda
Procurement efficiency and compliance are becoming table stakes in a game with no limit.
Andrew Bartolini, Chief Research Officer, Ardent Partners“ ”
“ ”
“ ”
The keys to the castle will be given to the procurement teams that anticipate
and adapt to dynamic change.
Andrew Bartolini, Chief Research Officer, Ardent Partners
Best-in-class procurement teams, on average, manage a full 70% more spend than their peers.
Andrew Bartolini, Chief Research Officer, Ardent Partners
Best in Class All Others
90% 61.8% 43.9% 66.3% 51.7%53.1%
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