After the Storm: Procurement in an Uncertain World

It is no exaggeration to say that the last few years were challenging and tumultuous for procurement and supply chain departments. To survive the unprecedented pressures, organizations were forced into embracing a period of accelerated change, building greater resilience with the use of new supply chain strategies, increasingly powered by new technologies..More than ever, procurement leaders must pull their weight to source more efficiently, manage risks better, and maximize enterprise value. Crucially, procurement must transform further and level up by harnessing Industry 4.0 technologies such as AI, IoT, and big data analytics. Only then can they gain the flexibility and insights they need to stay ahead and support a growing set of sometimes competing objectives. In our latest report, we will look at the top digitalization priorities for 2023 and how it compares with the pandemic years and how procurement leaders feel about their organisational readiness for the road ahead and much more.