Businesses today are urgently trying to boost revenues. But too often, they’re forgetting that Procurement is a powerful engine to fuel and ignite the growth they crave.

Shifts in demand, rising prices, labor constraints, supply shortages, and economic uncertainty have put a dent in profits. According to research from SAP, 58% of companies have seen their revenue decline in the last three years.

For many businesses, growth remains stalled, and they are relying on Procurement to restart that engine. Why Procurement? Because it all comes down to two areas – costs and supply assurance – and Procurement impacts both