Cognitive Sourcing Survey 2019
Welcome to LevaData’s Cognitive Sourcing Survey 2019. For the third year running, we survey procurement executives across a range of industries to bring you insights into trends, benchmarks, and technology adoption in direct materials sourcing. Participate below.
Take the Survey
This year’s question base is slightly expanded to help us bring you more insight into how procurement is collaborating with other functions, including the New Product Introduction (NPI) process, on a day to day basis.
We will be examining issues such as
What systems are in use and where investment is planned
How organizations regard the talent and technological proficiency of their teams
Where the average organization stand on the Cognitive Sourcing Maturity Model, and what’s driving the difference
The agility required for best-in-class sourcing events
Cross-functional collaboration throughout the NPI process
By participating in the survey, you’ll receive instant feedback as to where you stand on the Cognitive Sourcing Mature Model. You’ll also receive the full 2019 study once it’s published this October.
The survey should take 15 to 20 minutes.
Are You Pulling Ahead or Falling Behind?
Cognitive Sourcing Survey 2018 identified a growing gap between organizations that have successfully begun to implement a digital transformation, and those that are struggling to adapt.
Best in Class organizations actively manage a larger percentage of their supply base every year.
RFQ Cycle Time
Leading organizations complete their RFQ cycles faster up to a month faster than average.
Sourcing Event Frequency
To gain a step on the competition be in more frequent contact with your suppliers, with better information.
Integrated market intelligence systems give your professionals the information edge they need to pull ahead.
Breaking down barriers between functions allows you to leverage skills and talent from across your organization.
Founder & CEO, LevaData
“People know that digital disruption in the supply chain is already underway. Given this, we were greatly surprised to learn how many procurement managers are still using outmoded management tools. As more companies implement AI-powered strategic sourcing technologies, those that don’t will find themselves at a crippling disadvantage.”