Shining a Light on Dark Procurement: Getting Complex Categories Under Control
"Dark" procurement, a new label for a well-known challenge in the discipline, is elevating concerns over purchasing waste and threatening efficient, optimised procurement. This is especially apparent in complex spend categories, particularly business services.
Characterised by a lack of procurement awareness and process transparency in these categories, “dark” purchases leave organisations exposed to inefficiencies, greater costs and more risks. As resources shrink, skilled teams age-out and organisations become increasingly decentralised, the trend away from tackling these categories increases.
Turning that tide though is easier than teams might think, especially when internal knowledge and skills are complemented with the right technology framework and associated expertise.
Read the full guest article by Brian Miller, Vice President of Services at PROACTIS, on the Spend Matters website here »