Guide

Procurement’s Journey to Excellence: A Blueprint for Embracing Disruption and Driving Growth

Procurement’s Journey to Excellence: A Blueprint for Embracing Disruption and Driving Growth

Pages 6 Pages

Procurement is undergoing major transformation amid economic volatility, supply chain fragility, and rising costs. Key priorities include strengthening stakeholder relationships, investing in technologies like generative AI and CLM, and using managed services to streamline operations. Talent shortages are driving adoption of strategic outsourcing. While ESG isn’t yet a top priority, it’s expected to become central. Success hinges on aligning roadmaps with business goals, adopting AI for efficiency, and balancing short-term agility with long-term strategic planning.

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