Hackett: Procurement Renews Focus On Cost Reduction as its Top Priority
The Hackett Group
FEBRUARY 16, 2024
Procurement leaders are also actively evaluating how generative AI (Gen AI) can help them improve both efficiency and effectiveness in a range of functional areas. Procurement is once again anticipating an efficiency gap in 2024 as workload is expected to increase by 8% in 2024, while budgets are expected to rise by only 1.6%.
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