PwC survey found that 26% of CFOs anticipate layoffs and 82% of CFOs are focused on Cost Cutting. Yet, Strategic Sourcing remains to be a largely untapped source of cash-flow generation for most firms, including most Fortune 500.
Leveraging best practices, Strategic Sourcing efforts can reduce costs by 15% or more without impacting staffing levels.
CFOs plan capex and IT cuts as well as layoffs due to COVID-19, says PwC