GETTING C - SUITE BUY IN
Getting stakeholders – in particular senior management –
to understand and champion the benefits of SRM is
critical to itstake - up and success
Effective SRM offers business benefits that go well beyond
boundaries of the procurement function . Improved profitability ,
better risk management and increased innovation are all issues that
boards and leadership teams should be considering in their
assessment of their organisation ’ s progress towards its strategic
goals . This in turn helps SRM to be embedded more thoroughly into
the corporate culture , as discussed on page 26 , and thus to have a
commensurately bigger impact on the bottom line .
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