The Growing Influence of Procurement and Supply Chain Leaders
The influence of procurement and supply chain leaders over organizational spend is growing, according to 68% of respondents to a recent CIPS survey — Global State of Procurement and Supply 2024.
As they enhance their decision-making sway, 35% of procurement and supply chain pros report their companies will spend more on technology — particularly AI — in the coming year. In addition, nearly half (49%) of procurement and supply chain leaders want to bolster their ability to improve sustainability.
Those are just a few of the intriguing findings of this CIPS research.
What’s Inside:
- Why prioritizing leadership and relationship-building is essential
- How technology and innovation play a key role in tackling big challenges
- Why 78% say their enterprises are committed to ESG issues
Check out the results from this first-ever CIPS global survey for the latest procurement and supply chain trends and priorities.
Why Read This Paper
Prioritizing Leadership
Focusing on relationship-building and team development is essential
Benefits of Tech Adoption
How technology and innovation play a key role in tackling big challenges
Sustainability Efforts Pay Off
Why 78% say their enterprises are committed to ESG issues
Discover the Latest Trends and Priorities Driving Procurement and Supply Chain Professionals
About Us
GEP® delivers AI-native procurement and supply chain solutions that help global enterprises become more agile and resilient, operate more efficiently and effectively, gain competitive advantage, boost profitability and increase shareholder value.
Fresh thinking, innovative products, unrivaled domain expertise, smart, passionate people — this is how GEP SOFTWARE™, GEP STRATEGY™ and GEP MANAGED SERVICES™ together deliver procurement and supply chain solutions of unprecedented scale, power and effectiveness. Our customers are the world’s best companies, including more than 1,000 Fortune 500 and Global 2000 industry leaders who rely on GEP to meet ambitious strategic, financial and operational goals.
A leader in multiple Gartner Magic Quadrants, GEP’s AI-native procurement and supply chain platform consistently wins awards and recognition from industry analysts, research firms and media outlets, including Gartner, Forrester, IDC, ISG, and Spend Matters.
GEP is also regularly ranked a top procurement and supply chain consulting and strategy firm, and a leading managed services provider by ALM, Everest Group, NelsonHall, IDC, ISG and HFS, among others.
Headquartered in Clark, New Jersey, GEP has offices and operations centers across Europe, Asia, Africa and the Americas. To learn more, visit www.gep.com.