Here at eLynxx Solutions we’re pretty big on data. After all, eLynxx software captures, records and reports on every task, step, action and transaction that is part of the management and procurement of the client’s print projects. Of course the ability to gain all of the insight that the data provides is one of the many things clients tell us they love about eLynxx.
That sentiment, apparently, is not common outside of the realm of organizations using eLynxx for print procurement.
An article published by our friends over at Supply and Demand Chain Executive Magazine cites a Consero Group survey of chief procurement officers performed in July. According to that survey 84 percent of the respondents claim to be unsatisfied with the level of insight they get from their organizations’ data. Spend visibility was reported as the metric most effective by a majority of the respondents. A larger majority, however, reported that they believe metrics used to evaluate procurement functions drive the wrong behavior.
At least we know that our focus on transparency, data and reporting have paid off!
Check out the article at sdcexec.com.