We use cookies to ensure you get the best experience on our website.
By continuing to browse our website, you consent to the use of cookies, as described in our Cookie Policy.

World’s Top 50 Procurement Organizations -- 2019


By: Praveen Dahiya and Sakthi Prasad

calender26 May 2019

Procurement Organizations play an important role in managing a company’s cost base, as they largely work with third parties such as suppliers, distributors and contractors.

If Procurement is unable to extract value out of third party relationships—in the form of better costs and payment terms—it could negatively impact the financial results.

For the third year running, the share prices of Best-in-Class companies have collectively outperformed global benchmark indices. This validates our premise: companies that invest in Procurement also tend to create shareholder value.

Overall, seven companies made it to the Best-in-Class list for the past three consecutive years: Carlsberg, Celgene, Constellation Brands, Faurecia, Merck, Owens Corning, and Procter & Gamble.

Log on to Beroe LiVE to read more about the Beroe Best-in-Class Index (BIC)  

Get instant access to On-demand Category Intelligence

Latest Blogs

Related Insights