23
Optimism regarding the future of SRM is largely maintained across industry sectors with the added dimension of regulatory compliance being an additional driver in the financial services sector .
Figure 0.13. Reasons for future growth – industry sector
1
■ More challenging market and economic conditions ■ Need to demonstrate regulatory compliance ■ Need to improve competitive edge ■ Shift from tactical to more strategic priorities ■ Current SRM activities demonstrating value potential ■ Increased internal stakeholder support
FINANCIAL SERVICES
FMCG / CPG
■ Increased supplier support ■ More resource and skills available
IT / HIGH TECH
MANUFACTURING
OIL AND GAS
UTILITIES
0% 10% 20% 30% 40% 50% 60% 70% 80%
While cost, risk and service remain, for many businesses, the most important and, in some cases, the only business drivers for SRM, it’s clear that the value SRM can create to drive a more strategic agenda is increasingly being recognised.
Powered by FlippingBook