Indirect procurement management slow to adapt: Global Study

The results of a global study released by A.T. Kearney (The Indirect Procurement Study) show that indirect procurement categories like IT, marketing and advertising, facilities management, MRO, logistics and professional services, have become increasingly important to Chief Procurement Officers and their organizations. The study identified how leading organizations are managing the procurement of indirect goods and services. Respondents to the study included procurement executives from 94 multinational companies with a combined indirect spend of $134 billion.

One area of good news, according to Jan Fokke van den Bosch, A.T. Kearney Procurement and Analytic Solutions vice president, was that executives managing indirect procurement have gained substantial influence within their organizations as a direct result of the financial crisis. However the survey did show that companies are adopting new practices, such as outsourcing and analytics, at a much slower rate than expected.

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