How to Turn Strategic Procurement into a Value Driver

In many companies – especially in manufacturing – procurement accounts for 50 to 70 % of revenue. Yet, the enormous potential within procurement is often underutilized. As one of the most powerful levers for profitability, procurement has a direct impact on margins, resilience, and competitiveness. In this context, data-driven decisions can make all the difference. This blog post explores procurement’s impact on overall business success, explains why the right KPIs are critical for effective decision-making, and highlights the role of different levers in unlocking procurement’s full strategic