Procurement’s Definition of Value Must Be Maximum Growth and Impact | Leading Edge | Industry Insights | All MKC Content | ANA

Procurement’s Definition of Value Must Be Maximum Growth and Impact

Last week ANA released the report, “Procurement 2022: The Good, the Bad, and the Ugly.” One of the most fundamental debates about procurement is their definition of value. Is it lowest cost or maximum growth and impact? In the new report we asked procurement, as well as marketing and agencies, “Please indicate where on the continuum below the marketing procurement group stands in terms of its definition of what constitutes value.”