Aberdeen Group: Strategic Sourcing in the Mid-Market Benchmark

ariba — Wed, 17 Oct 2007 23:55:20 +0100

An Aberdeen Group report on the challenges (and thus far missed opportunities) of strategic sourcing among mid-market companies.

"Inadequate sourcing competencies are costing mid-size firms more than $134 billion in missed supply savings opportunities annually."

Several key takeaways are presented in specific detail within the document:

* Mid-size companies have prioritized sourcing competency as necessary for survival
* Most mid-size firms lack the process and commodity expertise and supporting organizational and technology infrastructure to transform sourcing operations.

mid market

Aberdeen Group: Strategic Sourcing in the Mid-Market Benchmark