Initial research conducted by Claritum has shown that 59% Of US Companies see Cost Savings and Process Efficiencies as their key priority in the procurement of print.
Claritum (in conjunction with UK Trade and Industry) surveyed over 200 US Companies with a view to better understand their views on the procurement of indirect and complex categories.
The majority of those who responded (87%) spend between $3 and $10million on complex, indirect categories such as print and related services.
73% from the returned sample believe that effective print buying is just as important as any other indirect spend.
When asked about how print is purchased within their organisation, 68% were still using manual processes by either a central procurement function or the individual who has the need, with only 16% using and automated ERP or procurement platform.
The majority of companies indicated that cost saving and reducing the over all indirect spend (32%) as their top priority. Improved efficiency and effectiveness was also important (27%)
41% stated that granular/real-time visibility of indirect spends was “Very Important” where as 29% thought cost saving through competitive bidding was “Very Important”
72% felt cost savings through process automation was “Somewhat Important”
However 62% believed that monitoring buyer and supplier performance was “Medium to less important”
The survey is still available to complete, For Companies still wishing to take part, please follow the link - http://freeonlinesurveys.com/rendersurvey.asp?sid=fnrx31na32o8hf9726068
