How does your firm's procurement organisation measure up?
We categorise responses into four quadrants:
Each question in the survey is aligned to one of two dimensions: Infrastructure (how good is the setup) and Execution (how well is it put into practice).
Your score across these dimensions is outlined below, with your overall result being used to compare your standing against 200+ other organisations who have participated in this survey, and classifies you in one of four quadrants on the maturity matrix
There is an opportunity to improve the ‘Infrastructure’ set-up across multiple dimensions in the procurement operating model. Recommendations include:
The Execution capability requires significant improvement and key immediate recommendations include:
The survey also provides a breakdown of your score in the four key areas of Efficio's Procurement Excellence framework. Your standing as based on scores achieved in these areas is outlined below, comparing your score to the minimum, maximum and average across our benchmark database.
The scores above are based on your responses to questions covering key procurement operating model elements in our framework. For a more detailed view of your scores in the above areas, and how they compare to the other organisations we have surveyed, please contact us.
Efficio helps organisations deliver higher procurement savings and prevent savings erosion, to drive increased measurable value from an optimised and future-proof procurement operating model.
By assessing an organisation’s existing procurement setup across all dimensions, defining a set of key design principles and drawing up the future state, we work to co-create a robust and leading practice procurement operating model.
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