Indirect Procurement: How the research results stack up
The authors of the benchmark study on indirect procurement compare how their research results stack up next to their assumptions.
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In the beginning of our Benchmarking Study on Indirect Procurement, we developed some tentative hypotheses that we thought the results could prove or disprove. For example, we presumed that firms with higher spend and with centralized structures would be further up in the maturity scales. Another example was that firms that mandate the usage of Indirect Procurement could end with higher spending. The following table reports the correlations for our hypotheses.
Click here to read the full report on a new framework for Indirect Procurement from the March/April issue of SCMR. Jayanth Jayaram and Sime Curkovic
*The criterion for maturity correlation is for at least three of the four elements on the Maturity Scale (SRM, Change Mgt., Risk Mgt., CRM), the respondents checked off the top two boxes on the Maturity self-rating scales.
Jayanth Jayaram, Ph.D., is a professor of management science and Moore Research Fellow at the Darla Moore School of Business, University of South Carolina. He can be reached at [email protected].
Sime Curkovic, Ph.D., is a professor of management in the Integrated Supply Management Program at Western Michigan University. He can be reached at [email protected].
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