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Procurement Executives agree that cost reduction remains the top most priority to support growth of business, amidst uncertain markets. There is a strong requirement for leadership to initiate cost competitiveness, yet there is a significant talent gap. In terms of people, skills and capability are still the main barrier. There is consensus among executives that talent and capability building needs a stronger focus to drive procurement performance.

  • Source: The Deloitte Global Chief Procurement Officer Survey 2017