Cost savings is a cornerstone KPI for most supply management groups, measured here as reduction and avoidance in managed spend. In 2021, Oil and Gas led with 7.1% total cost savings.
Supply Management Org Design
Spend Under Management
Supply Management Employees
Modeling & Machine Learning In Use at Top Orgs
AI in Supply Management
The Advantages of Choosing Diverse Suppliers
A Shift In Post-Pandemic Travel Policies
Sustainability & Supplier Compliance
Supply Management's Efforts in Data Analytics
Of the companies we surveyed, the majority are utilizing descriptive analytics, which includes the use of dashboards for the exploration of KPIs and benchmarks. However, only 4% are diving into more mature levels of analysis including prescriptive analytics and automation.
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increase the comparative breakouts only they receive.