The automotive industry is going through profound disruption and needs to fundamentally change its business models. A significant player in the effort is procurement, now helping to lead organizations with more than just cost savings. Procurement now impacts auto companies’ sustainability credentials, direct materials spend, and supplier visibility – even how organizations manage their external workforce.
To understand Procurement’s readiness to support their organizations, SAP collaborated with Oxford Economics on research into procurement digital transformation and supplier collaboration. We surveyed 1,000 procurement and supply chain executives in 23 countries and 14 industries, including automotive. We also surveyed executives specifically about their external labor spend.
Read on to learn what we learned from automotive executives and to see how you compare with your peers.