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Chief Procurement Officers concentrate on cost containment

By Staff
March 05, 2014

A majority (57%) of surveyed Chief Procurement Officers (CPOs) said short-term cost reduction is a higher priority than long-term growth in 2014, according to a new survey by Consero Group, an international leader in creating high-level, invitation-only events for senior executives.

The results were reported as part of the 2014 Procurement & Strategic Sourcing Data Survey, compiled by Consero Group.


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Working with research partner, The Economist Intelligence Unit, the IBM Institute for Business Value surveyed 1,023 global procurement executives from 41 countries in North America, Europe and Asia.

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