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Ara Arslanian was named a 2020 Pro to Know by Supply and Demand Chain Executive for the sixth time overall. Arslanian was chosen for his thought leadership in supply chain management and dedication to expanding the scope of the group purchasing organization (GPO) model to deliver more effective solutions to direct and indirect procurement groups.
Procurement is being tasked with achieving a greater ROI despite a smaller headcount. This challenge is further compounded by the fact that many companies are not entirely clear on how to attack their spend cube to achieve greater spend under management or compliance goals, particularly in decentralized environments.
According to The Hackett Group, "a decision not to use group purchasing organizations (GPOs) for specific indirect spend categories is the same as leaving money on the table." But, research by ProcureCon Indirect West found that 58% of organizations haven’t yet investigated or aren’t using a GPO.
Why the disconnect?
