Beroe LiVE Poll: Usage of Market Intelligence

We recently ran a poll on Beroe LiVE to know how Procurement community, in general, is making use of Market Intelligence (MI). 24 percent of respondents said they use MI before a sourcing event. And 27 percent respondents said they use MI to check cost and price benchmarks.

Interestingly, only 14 percent said they buy MI for their individual use. A majority said they buy MI for the team or at corporate level.