Lack of Asset Visibility in Procurement
Definition
The Mechanism: Due to poor tracking in infrastructure procurement, agencies duplicate purchases or miss panels. This results in suboptimal decisions and inflated costs without market research visibility.
Key Findings
- Financial Impact: AUD 200k+ per project in duplicated infrastructure (industry benchmark for major IT projects)
- Frequency: Per procurement cycle without integrated tracking
- Root Cause: Disconnected procurement and asset management systems
Why This Matters
The Pitch: IT System Data Services firms lose 5-10% on asset over-procurement annually. Automated tracking prevents duplicate buys and enforces value-for-money.
Affected Stakeholders
CIOs, Procurement Leads, Finance Controllers
Deep Analysis (Premium)
Financial Impact
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Current Workarounds
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Methodology & Sources
Data collected via OSINT from regulatory filings, industry audits, and verified case studies.
Related Business Risks
Procurement Probity Breaches
Non-Compliance with Mandatory Panels
Data Breach Reporting Fines
Backup Failure Downtime Costs
DRaaS Market Gap Losses
Cloud Cost Allocation Waste
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