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CPO & Procurement Executives as Enterprise Ecosystem Builders

 

Infosys BPM is excited to announce a collaborated research study with HFS Research titled ‘Procurement is Uniquely Positioned as the Enterprise Ecosystem Builder.’

Bottomline: Procurement is uniquely positioned within an enterprise to unearth new sources of value beyond just driving down costs.

The interesting survey-led thought leadership report highlights the evolving expectations from Chief Procurement Officers (CPOs) and presents a forward looking view of future trends in Procurement. It is our data-driven belief that Procurement is key to building a cohesive enterprise ecosystem and the organization’s competitive advantage.

HFS Research and Infosys BPM surveyed 300 senior procurement executives across the Global 2000 enterprises. A highly respected and enterprise CXO–centric research team of Saurabh Gupta — President, Ian Maher — OneOffice™ Council Leader and Divya Iyer — Research Director authored this study with a foreword from Kapil Jain — Infosys BPM Executive Vice President & Global Head of Sales and Capabilities, and industry expertise inputs from Infosys BPM Sourcing & Procurement enterprise services leadership team.

The gist of this study captures that:

  • Ninety-five percent (95%) of procurement executives believe that procurement organizations of the future should act as ecosystem builders that drive collaboration across multiple organizations to generate new sources of value.
  • Ninety percent (90%) of respondents agree that the CPO of the future will need to be both a great buyer and a great seller to convince the enterprise that procurement can and should be its ecosystem builder.
  • Procurement Leaders can become the Catalyst for Enterprise Transformation.


About HFS Research

HFS is a unique analyst organization that combines deep visionary expertise with rapid demand side analysis of the Global 2000. Its outlook for the future is admired across the global technology and business operations industries. Its analysts are respected for their no-nonsense insights based on demand side data and engagements with industry practitioners. Read more about HFS and our initiatives on www.hfsresearch.com.

To download custom version of the full report, please click here