This guide provides a comprehensive overview of the challenges procurement professionals encounter, such as supply chain disruptions, cost management, sustainability, and digital transformation. It offers strategies to address these challenges, including mitigating supplier risk, reducing spend creatively, and acting as a strategic advisor aligned with business goals and sustainability efforts. Other key points include driving corporate sustainability, accelerating digital transformation, improving analytics capabilities, aligning skills with business needs, modernizing procurement technology, boosting agility, and enhancing stakeholder centricity. Overall, the guide positions procurement as a critical strategic partner capable of driving significant value beyond cost savings.

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