17
Figure 0.4. Assessment of SRM progress – sell side
61%
■ BUY SIDE ■ SELL SIDE
50%
26%
21%
15% 17%
6%
3%
0% 1%
SIGNIFICANT PROGRESS
SOME PROGRESS
NO CHANGE
MODERATE DECLINE
SIGNIFICANT DECLINE
From a sell side perspective the level of perceived progress mirrors the buy side much as it did in 2012.
An industry sector perspective When looking at industry sector comparisons reveals that fast-moving consumer goods (FMCG) are reporting the most progress with 23% reporting significant progress in the last 12 months.
Figure 0.5. Assessment of SRM progress – industry sector
23%
11%
10%
9%
8%
4%
FINANCIAL SERVICES
FMCG / CPG
IT / HIGH TECH
MANUFACTURING
OIL AND GAS
UTILITIES
While progress remains steady, which is encouraging amidst such a difficult busi- ness environment, we believe that programmes in general need to accelerate. SRM is key to addressing so many supply chain and procurement challenges that it can’t afford to be playing catch up as the business outlook begins to improve. SRM should be established and proactively supporting business growth.
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