DAX Index..Achtung!!!

Add comment February 29th, 2008 David Bush - Iasta

According to a story in Britain’s SupplyManagement.com, German CEOs feel that procurement is not worthy of attention.

A survey of 70 German CEOs, by European procurement consultancy BrainNet, found only one in 10 German firms has a CPO at board or senior management level.

Furthermore,

German bosses are “naïve” about the potential impact procurement can have on their firm because it is “not on their agenda”, according to an expert.

Wow, back to the era of Nena and “99 Luftballoons” we come. I guess SAP SRM is not quite doing the job over there. Maybe the North American team can share a few Powerpoints on value proposition and organizational synergies, so we can all get on the same page.

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