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Across the procurement-verse: Changing trends in the procurement function

Across the procurement-verse: Changing trends in the procurement function

Pages 37 Pages

Economist Impact presents a research paper titled 'Across the procurement-verse: Changing trends in the procurement function,' which analyzes key priorities and challenges confronting modern procurement functions. This comprehensive report explores critical themes such as risk management, supplier engagement, external workforce management, collaboration, and technology adoption. It delves into how businesses are transforming procurement to address existing and emerging challenges amidst disrupted supply chains, rising costs, and growing economic uncertainty. The research, based on a survey conducted from January through March 2024, offers valuable insights for organizations seeking to enhance resilience and efficiency within their procurement operations in a rapidly evolving global landsca

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