Pepsi, Shell & major airlines kick procurement into touch

Published November 2014

Major regional projects in the Middle East are being constricted by lack of investment in procurement.

Doha-012 Findings shows that Middle East organizations are struggling to get procurement positioned as a strategic function yet, out of 100 procurement professionals surveyed, over a quarter said they had not invested in procurement at all last year while a massive 95% recognized that procurement could play a strategic role; a similar number - 94% - said that procurement could play a critical role in spurring on development of the whole region. That's according to Informa's Procurement Leaders survey which included companies involved in major forthcoming events in the region such as Qatar World Cup 2022 with its spectacular new stadium being built for the occasion. Read the full article. To understand more about how installing a cloud based spend management platform can help position your organization to take advantage of these and other, major opportunities, contact us today for a free demo or a discussion.