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CIPS - Chartered Institute of Procurement and Supply

Deloitte Global Chief Procurement Officer Survey 2019: Faced With Economic and Trade Threats, CPOs Pressured to Cut Costs
Deloitte
Deloitte

Key takeaways

  • The complex role of the chief procurement officer (CPO) now faces emerging economic and political risks in every direction they turn — and they feel pressured to cut costs along the way.
  • This year’s survey saw a spike in responses not previously top of mind: a potential economic downturn and the “trade war.” External risks are gaining the attention of CPOs, even more so than continually pressing internal risks, like digital transformation.
  • Thinking digitally, CPOs are focused on analytics, while AI and blockchain — technologies driving the Fourth Industrial Revolution — are of little focus and are not being utilized at scale.

 

Why it matters to business leaders

Make no mistake: CPOs are facing a challenging global business landscape and reacting accordingly — yet many do not feel prepared to ta

...  >>

The Connected Value Chain: Creating Durable Value with Digital

Today’s businesses are faced with a dizzying array of digital promises—and threats: the Internet of Things, wearables, additive manufacturing, big data and analytics, gamification, ubiquitous access, and hyperconnectivity, to name a few. Companies across the globe are racing to keep up with these developmen  >>

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News & Trends
 

Last update 5 Nov 2019
Global manufacturing downturn eases at start of final quarter
   Source: J.P.Morgan Global Manufacturing PMI ™  -  IHS Markit



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