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IS AUSTRALASIA READY FOR SRM?
This year Australasian responses have contributed a significant percentage of the overall response to the survey with the size of the pool providing us the in-depth data to both identify trends and investigate the characteristics of the market.
Initially, the Australasian data appears overly opti- mistic when leading procurement organisations regularly tell us they feel they are behind the global SRM development curve. Many are just getting to grips with defining how they will roll out SRM; others don’t feel in a position start the SRM journey. Common things we hear from our clients are: “We have still to get the foundations of sourcing and P2P right before being anywhere close to considering SRM.” “We are still embedding sourcing and category manage- ment across the team, and need to complete this before we ask them to consider SRM.” “In certain parts of the organisation we just don’t have the relationship yet to start to operate SRM.” “We have started to consider SRM in the IT category, but we are not ready to embed it.” So what’s the story behind the disconnect?
We are regularly discussing SRM with Australasian CPOs and how to bring it to life within an organisation. In nearly all these conversations it appears SRM is one of their top three objectives. The general tone of the survey has provided a some- what different perspective from that of our conversations with Australasian clients. Elements of the survey have suggested greater maturity than people have openly spoken about and so we have investigated the reasons for this, using our SRM best practice framework. LOOKING AT THE EVIDENCE Is it that the Australasian market are self-effacing when speaking openly about their SRM programmes in person, or more upbeat when it comes to the formalities of filling out a survey and being compared to peers? We believe it’s somewhere inbetween.
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