Procurement Underperforms in Workforce Management Plans
According to the research from PIE, federal agencies are also not adequately delivering on the transition goals put forth by their organizations.Procurement functions are not adequately staffed to successfully execute their transformation goals and do not operate on a strategic level within their respective organizations, according to a survey of more than 310 procurement professionals. More than one-third (36 percent) of procurement professionals reported that their companies were behind schedule in their transformation goals, according to the survey, which was organized by Worldwide Business Research’s ProcureCon Indirect East (PIE) conference with partner Beeline, a software developer for sourcing and managing the flexible workforce. The report, created by WBR Digital’s research team, also included responses that revealed the level of involvement in strategic planning efforts, perceptions and concerns about workforce management, and overall satisfaction with management culture in procurement teams. According to the research from PIE, federal agencies are also not adequately delivering on the transition goals put forth by their organizations.
"These findings should serve as an important warning about the long-term success of procurement functions, the consequences of not aligning strategic initiatives to cut costs with organizational goals and risks procurement’s ability to deliver cost savings and value creation," the report said.