12 November 2009 | Jake Kanter
Procurement departments have changed substantially during the economic downturn, according to the latest SM100 poll.
More than 40 per cent of buyers said their purchasing function has been restructured to increase efficiency in the global recession.
In the past year SM has reported on some notable transformations at organisations including Royal Mail, ITV and technology firm Smiths Group.
Purchasers said pressure to cut costs and challenge spending decisions were behind the changes. Others said they had made efforts to improve supplier relationships and stakeholder management.
Many departments have cut jobs, foisting greater responsibility on a fewer number of purchasers, in turn necessitating an overhaul.
Although 59 per cent of purchasers have not seen changes made to their department, many said they have increased cost-cutting efforts and made sacrifices such as accepting pay cuts.