Of 3,108 global procurement leaders surveyed:
- 95% say procurement has room for optimization
- 53% say their procurement budgets will be higher in 2024 than 2023
- 98% say they are planning investments in analytics, insight tools, automation, and AI
Emerging technologies are creating opportunities for procurement professionals to shape strategic initiatives and act as an advisor from the C-suite down. But you don’t need “chief” in your title to start providing strategic guidance to your org – change from the bottom up can be just as effective.
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