October 2006

Trends and Resources

HP Impact: HPImpact: Leading companies find high value from procurement function

 Fig. 1     High-performance companies are expected to increase their outsourcing of procurement spending to developing ..

Weirauch, Wendy, Hydrocarbon Processing Staff

 Fig. 1     High-performance companies are expected to increase their outsourcing of procurement spending to developing countries. Organizations on the path to high performance are accelerating their global sourcing strategies, driving more aggressive cost reductions, according to a new analysis from Accenture. Significantly, these organizations plan to double spend on low-cost country sourcing in the next three years (Fig. 1). Accenture market research identifies key procurement-related capabilities that high-performance businesses have mastered. Among these strategies are: 1) elevati

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