State of Innovation in Procurement Survey 2019

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This survey is designed to do a quick pulse check on the state of innovation in procurement teams in Australia. Insights will be captured in our annual Procurement Innovation Report where you can see how you stack up to your industry peers.

Please complete the following 6 questions and press SUBMIT - thank you so much for your insights!

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Q1: What is your biggest challenge in driving procurement innovation internally? *

Getting enough time and resources away from 'Business as Usual'

Selecting the right technology to enable innovation

Getting buy-in from the business

Upskilling teams and improving processes

Using data effectively for decision-making

Q2: Which of the following statements most accurately reflects where your organisation sits in relation to innovation within the procurement function? *

Behind the curve - We're way behind the curve and need to play catch up in relation to innovation

Building momentum - we’re building a case for change but are largely focused on BAU

Exec support for change - We have executive support and are now actively looking at innovation opportunities

Actively innovating - We've introduced new ideas and processes into BAU

Leader - We are a leader in procurement innovation and are benchmarking ourselves against other industries

Q3: How does the leadership of your business (CEO,CFO,COO) view the procurement department? *

Old school view: the business still sees procurement as blockers and administrators

Gaining importance: the business is starting to realise the value of procurement

Strategic partners: high awareness of the importance of Procurement to business success

Q4: Which statement best describes your use of data in procurement? *

What data? The business does not have a method of recording and utilising data

Data for data sake: We collect and store data and that’s it.

Reporting tool: We use our data for reporting purposes only

Data driven: All decisions in procurement are driven by data

Q5: Which technology do you anticipate influencing the future of procurement for your organisation?

Blockchain

Machine Learning

Artificial Intelligence

Robotic Process Automation (RPA)

3D Printing

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Q6: What issue is keeping you up at night?

Finding people of the right calibre

Retaining your best talent

Keeping up with the pace of technological change

Complying with Modern Slavery Act

Structuring the procurement team

Being invited in by the business to add value

Managing supplier relationships

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