SIG Benchmarking Survey July 2020
1.
What percentage of your critical suppliers would you estimate are currently outsourced overseas?
0-25%
26-50%
51-75%
76-100%
2.
Are you considering reshoring your suppliers in-light of COVID-19?
Yes
Only strategic suppliers
Only non-strategic suppliers
No
3.
Is your procurement team's success being measured differently today than before the pandemic hit?
Yes
No
Somewhat
N/A
4.
Do you think your influence has increased or decreased because of your department's response to COVID-19?
Increased
Decreased
Remained the Same
N/A
5.
Does your company have a travel ban in place?
Yes, through 2020
Yes, into 2021
Yes, to the end of 2021
No, we are free to travel as needed
6.
What is in scope of the CPO's responsibility today?
Direct Procurement
Indirect Procurement
Supply Chain
Procure to Pay
Sourcing
Supplier or Vendor Management
Supplier Risk Management
Business Continuity Planning
Corporate Social Responsibility
Facility
Contract Management
Finance Management
Travel
7.
In your organization, what functional leader does the CPO report to?
CEO
CFO
COO
Other
8.
Has there been a change in reporting structure for your organization in the recent past or has the CPO always reported to the same function?
9.
How long has the CPO role been reporting to that function leader?
Less than 5 years
5-10 years
10-20 years
More than 20 years
Unsure
10.
Is there a difference in the reporting structure if the CPO has responsibilities for direct supply chain vs. indirect?
Yes
No
Unsure
11.
What were the typical metrics set up for CPO's pre-COVID-19?
Savings
Supplier Rationalization
Operational Metrics
Other
12.
Did the metrics change as a result of COVID-19?
Yes
No
Somwhat
N/A
13.
What changes do you anticipate within your organization post-COVID-19?
New metrics that were not previously in scope
Re-alignment to change focus from specific metrics
Cost savings
Risk
Security
Talent
Other
Unsure
14.
In your organization, have you seen big changes to metrics for the CPO role?
Yes, in the past 0-5 years
Yes, in the past 5-10 years
I have not seen any changes
Unsure
15.
Is your organizations life-cycle processes fully automated and leveraging technologies?
Yes
No
Unsure
16.
If not, what percentage would you estimate is fully automated using technologies?
0-25%
26-50%
51-75%
76-100%
17.
What percentage of your annual budget do you estimate is typically allocated for technology improvement?
0-10%
11-20%
21-30%
31-40%
41-50%
18.
What percentage of your annual budget do you estimate is typically allocated for innovation?
0-10%
11-20%
21-30%
31-40%
41-50%
More than 50%
Unsure
19.
What percentage of your annual budget do you estimate is typically allocated for process improvement?
0-10%
11-20%
21-30%
31-40%
41-50%
More than 50%
20.
Do you anticipate getting more funding to invest in technologies and process improvements as a result of COVID-19 and emerging technology such as AI?
Yes
No
We are discussing this
Unsure
21.
Does your company perform CSAT for the procurement function at a certain frequency?
Yes
No
22.
If yes, what is that frequency and what has been the most positive feedback and the most negative feedback?
23.
If you have received negative feedback, have you been granted budget allocation for improvement?
Yes
No
Not yet
It is unlikely
24.
If your organization does not perform a CSAT or engagement survey, how do you get functional improvement feedback?
25.
What would you like to improve about your function?
26.
What would you like support on to improve your role & responsibilities within your organization?
27.
What would you like improved upon for your company, leadership, and/or stakeholders?
Current Progress,
0 of 27 answered