Examining the Dynamics and Challenges in Procurement Across Industries
Objective & Scope
The client, a consulting firm, was looking into the supply chain dynamics of US-based firms. It wanted to understand the procurement challenges faced by businesses and sought Benori’s support to: Assess the investment strategies of key industries in IT, focusing on software and hardware sectors Analyze current trends in procurement, new product development, and digital IT solutions Explore the challenges executives face in building resilient supply chains and integrating digital IT solutions into procurement and supply chain operations
Approach
Our approach involved identifying and selecting several global technology leaders from firms based in the United States with substantial revenue and geographic reach worldwide. Following the initial selection, participants were surveyed along key parameters such as procurement strategies, adoption of digital tools, supply chain resilience, vendor management practices, and cost optimization measures. The responses were then further curated to ensure relevance and data integrity.
Impact
The research helped the client in: Gaining valuable insights into building resilient supply chains customized to the specific needs of each industry Highlighting key areas for supply chain improvements across various sectors and guiding informed decision-making
