Buying chiefs move closer to boards but not services
29 August 2012
The number of European purchasing chiefs who report directly to the board has risen to more than 70 per cent from 50 per cent a year ago, according to new research.
The claim, illustrating top-level recognition of the profession’s role, appears in the fourth annual European Spend Agenda from the London Business School, software company Ariba and the European School of Management and Technology (ESMT) in Berlin.
It also found that boards are placing greater pressure on purchasing departments.
The study revealed that...