The latest Return on Supply Managment Assets (ROSMA) report has been released by AT Kearney. Detailed survey responses were collated from 168 companies over the past year.
Leaders are shown to receive a return around twelve times their investment, while median companies around 4 times. The lowest range of companies showed a return equal to or even less than investment demonstrating there is a huge range of results across companies in return from their investment in procurement – people and technology.
The report also shows that leading performers have driven procurement function costs to well under half a percent of total company procurement spend.
Read more here: http://www.scdigest.com/ontarget/16-01-04-1.php?cid=10090