A.T. Kearney’s 2011 Assessment of Excellence in Procurement Study

Value chains are bending so rapidly that procurement professionals are more important to business strategies than ever before. It's not only volatility in commodities but also dramatically new ways of working that are creating challenges. That's what 185 leading companies told us in this year's Assessment of Excellence in Procurement (AEP) study.

But if there is one place we all know we can drive real money to the bottom line, and value to the top line, it's through procurement—and the AEP results show seven ways the leaders produce results.

Report

Follow the Procurement Leaders
A.T. Kearney’s 2011 Assessment of Excellence in Procurement Study
Procurement professionals are more important to business than ever before, as commodity volatility increases and dramatically new ways of working emerge. The 2011 Assessment of Excellence in Procurement (AEP) study shows how a new wave of thinking is on the way.

News release

Global Procurement Study Finds that 80 percent of Companies are Vulnerable to a Major Supply Disruption
7 November 2011 — atkearney.com
Even though the headlines of the past year have highlighted one supply chain disruption after another, a majority of companies are not systematically managing risk to avoid disruptions to increasingly global supply chains, according to global management consulting firm A.T. Kearney’s latest Assessment of Excellence in Procurement (AEP).

Article and Interview

Follow the Leaders: Seven Ways to Procurement Excellence
The latest Assessment of Excellence in Procurement (AEP) study from A.T. Kearney confirms procurement's power to drive real money to the bottom line and value to the top line. Among the leaders who do this best, seven characteristics stand out. This article gives the highlights of the study, followed by a Q&A with co-author John Blascovich on what the findings mean for supply management professionals.
By John Blascovich, Alejandro Ferrer, and Bill Markham

Media Highlights

People in Procurement Jobs 'More Vital than Ever Before'
10 November 2011 — Purcon
People in procurement jobs are more important to businesses than ever before as value chains alter, a new report claims. Volatility in commodities and new ways of working are putting much more emphasis on purchasing professionals, according to the study from AT Kearney.

Procurement Propelled to New Heights
9 November 2011 — Supply Management
According to the AT Kearney 2011 Assessment of Excellence in Procurement Study, published this week, 90 per cent of the 185 global companies surveyed believe the procurement function has taken on a more strategic role, actively participating in developing business strategy.

Leaders Share Traits for Supply Chain Success
8 November 2011 — PropertyCasualty360
Leading companies recognize the importance of their supply chains and manage risks using risk-impact analysis; financial risk management, such as hedging; and disaster planning to protect against unforeseen threats, according to A.T. Kearney's "Assessment of Excellence in Procurement" (AEP) study.

Contact

John Blascovich, Partner in the New York office