We recently ran a poll on Beroe LiVE to seek answers for two fundamental questions: a) What percentage of employees work in the Procurement function? b) How many sourcing projects are handled by the Procurement team each year?
 

A) The poll results indicate that the Procurement Function comprises of less than 2 percent of a company’s overall workforce.

• Highest number of responses from the CPG industry segment.
• Around a third of the responses across industries belonged to the revenue segment “$5 billion to $25 billion.”
   

B) The poll results indicate yearly renewal of MSAs is low with less than 5 percent MSAs being renewed annually.

• Highest number of responses were from the Manufacturing and Mining industry segment.
• A quarter of the responses across industries belonged to the revenue segment “$5 billion to $25 billion.”

Have a feedback? Write to us: contactus@beroe-inc.com.