- ARCBLUE REPORT
Asia CPO Insights:
Procurement Maturity Report 2024
April 2024
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Executive Summary
Understanding the maturity of procurement functions across Asia and the opportunities to enhance value delivered through procurement for businesses
ArcBlue surveyed Chief Procurement Officers across Asia to understand how they perceive the maturity, strengths and weaknesses of their procurement operating model. The survey features ArcBlue’s 9 Dimensions of Procurement Excellence, helping leaders assess their maturity and plot their roadmap to change. Participants’ scores placed them into categories — Emerging, Developing, Advanced, and Leading — representing their progress in each area.
The Asia CPO Insights: Procurement Maturity Report 2024 details the survey results and provides readers with an understanding of the self-perceived maturity of procurement functions across Asia. The report contains a comprehensive overview of the survey results as well as insights into current dynamics within the Asian business landscape.
INSIGHTS
Procurement’s Vital Role in Shaping the Energy Transition
For the longest time in Australia, Energy has been a story of state or natural monopolies, regulated tariffs and minimal choice. The fundamental of the energy transition is now being turned on its head. ArcBlue spoke with ecogeneration magazine about how procurement and supply chain is key to overcoming these challenges.
TOP 10: Tips for Successful Procurement Transformations
Successful procurement transformation programs are pivotal for organisations aiming to optimise costs, enhance efficiency, and drive innovation. However, that success relies on strategic planning and effective execution, the use of data and digital technologies, and adaptability to evolving market dynamics. Read our top 10 tips to help you navigate the intricate landscape of procurement transformation and ensure success.
ArcBlue Hong Kong in Top 10 Business Consulting Companies by CEO Insights Asia
ArcBlue Hong Kong Director, Keith Gauntlett, was recognised in CEO Insights Asia’s Top 10 Business Consulting Companies in Hong Kong for 2024. Read Keith's interview on 'Navigating industries & driving transformative impact through strategic excellence'.
Building Inclusive Economies through Social Procurement
Inclusive workplaces are not just a moral imperative but also a strategic advantage for businesses and has broader positive impact on economic growth. Embracing inclusivity within teams fosters a diversity of perspectives, innovative solutions, and a breadth of thinking that can drive organizational success. This article explains the importance of Inclusive Employment principles within social procurement, and guidance on how to being to be more inclusive in your organisation.
Resilience as a Competitive Advantage: The role of Finance in Supply Chain Management
CFOs and Finance Leaders play a vital role in ensuring resilience across the entire company. In today’s dynamic and unpredictable business environment, supply chain resilience is essential for navigating disruptions ranging from inflation and geopolitical tensions to natural resource shortages and technological advancements. This whitepaper explores the role of Finance in supply chain resilience.
Asia CPO Insights: Procurement Maturity Report 2024
ArcBlue surveyed Chief Procurement Officers across Asia to understand how they perceive the maturity, strengths and weaknesses of their procurement operating model. We have now released the Asia CPO Insights: Procurement Maturity Report 2024, which details the survey results and provides readers with an understanding of the self-perceived maturity of procurement functions across Asia.
The Critical Role of Social Procurement to deliver our renewable projects pipeline
Establishing and maintaining ‘social licence’ is critical for Australia’s ability to deliver our massive renewable energy project pipeline. Chris Newman spoke with Ecogeneration Magazine on how to achieve social licence in regional communities and the importance of social procurement.
Empowering Tomorrow’s Procurement – 7 Trends to Prepare for in 2024
In 2024 we're experiencing a shifting procurement landscape marked by complex challenges calling for strategic adaptation. In this report, we address 7 key trends to watch in 2024 with advice and tips from the experts on how organisations and procurement teams can prepare themselves to take action.
Supporting economic transition through collaborative, place-based social procurement
This whitepaper discusses how a collaborative, place-based program such as GROW supports social procurement when supported through buy-in from Contract Managers. A systematic approach is described for relationships where Contract Managers have opportunities to work with GROW.
Beating inflation against the odds: How procurement can win in a downturn
This whitepaper explores how inflation is impacting supply chains, steps that organisations can take to generate procurement savings, a design-to-cost approach, when (and how) to consider supplier price increases, strategies to manage the talent shortage and the road to transformation.
Top 10 things that have changed in 10 Years
As ArcBlue celebrates it’s 10 Year anniversary operating across Asia Pacific in 2023, we took some time to reflect on the changes we’ve seen to the procurement function over the last decade. From our beginnings with a small team in Melbourne to now with offices across Asia Pacific, so much has changed for ArcBlue, in procurement & supply chain and the world as we know it!
Making the Business Case for Supplier Diversity
Supplier diversity’s potential social and economic impact is far-reaching and increased spending on diverse suppliers can generate life-changing access and possibilities for people within underrepresented groups. This whitepaper encourages organisations to take an ambitious approach to supplier diversity to maximise meaningful change.
RESOURCES & DOWNLOADS
Procurement will play a pivotal role in driving the energy transition towards a sustainable future. Hear from ArcBlue New Energy & Renewables experts who explore some of the key challenges and opportunities in this space.
Download our 2024 Asia CPO Insights Report that highlights the maturity of procurement functions across Asia and the opportunities to enhance value delivered through procurement for businesses.
Download our key strategies that businesses and government have used to build social impact into their supply chains.
Access our On Demand Webinar on how you can best prepare for the introduction of the NACC and offering practical advice.
This checklist is designed to help you tackle the selection and implementation process for a digital procurement ecosystem.
Download this checklist of questions that are designed to give you a snapshot of your company’s Sustainability Maturity.
Access our On Demand Webinar exploring the complex topic of Modern Slavery in supply chains, offering practical advice.
Access our On Demand Webinar exploring the challenges of negotiation in the current market and offering practical advice.
Download this checklist of best practice measures to track your process and to highlight gaps in your Infrastructure Procurement journey.
Download the Spend Optimisation Playbook as a guide to optimise your spend, ensuring that procurement is delivering increased value for money.
Download this checklist of best practice measures to track your organisational progress and highlight gaps in your Social & Sustainable procurement practices.
How do you measure the performance of your procurement function? Download our list of 50 Procurement Key Performance Indicators to get the best out of your procurement function.
