target audience: TECH BUYER Publication date: Dec 2023 - Document type: IDC MaturityScape - Doc Document number: # US51455023
IDC MaturityScape: Procurement 1.0
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Abstract
This IDC study examines the IDC MaturityScape model for procurement. This model isn't just an evaluative tool; it is a strategic road map empowering organizations to identify gaps, set benchmarks, and strategically invest in advancing their procurement capabilities, thereby unlocking value and resilience.
"Organizations seeking to enhance the efficiency and effectiveness of their procurement processes can leverage the maturity model as a guide to assess their current state, identify gaps to the higher level stages, and develop action plans to close those gaps. This mirrors the approach taken by advisory firms and can be instrumental in improving performance." — Patrick Reymann, research director, Procurement and Enterprise Applications at IDC