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What Are The Pressures That Procurement Faces In 2023 And Beyond?

Barkers Procurement

What Are The Pressures That Procurement Faces In 2023 And Beyond? It has been reported by McKinsey that in 2023 alone the typical workload on the function is set to increase by over 10%. McKinsey reports that supply chain disruption is costing companies 0.47% on average each year. How can Barkers help?

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Q3 2023 Insider roundup: A deep dive into procurement tech market movements; updated coverage of 13 vendors

Spend Matters

Market trends in procurement technology 2023 — Drawing from the information gathered during the data-driven process called SolutionMap and the general knowledge our analysts have gained from their work, the Spend Matters analyst team shared notes on the changes and trends they have seen in the procurement landscape.

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The Big Interview with Emma Giles

Procurement Heads

It’s all the things you would expect in terms of robust Sourcing, SRM and category management across our supply chain, working closely with our business stakeholders and achieving excellent year-on-year results against an ever-increasing set of challenging KPIs.

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What Are the Pressures That Procurement Faces In 2024 and Beyond?

Barkers Procurement

Last year, McKinsey reported that in 2023 alone, the typical workload on the function was set to increase by over 10%. The increasing pressure from macroeconomic factors that include inflation, continued supply chain disruption, geopolitical tensions and ESG factors are primary areas of concern for the procurement professional.

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What Are the Pressures That Procurement Faces In 2024 and Beyond?

Barkers Procurement

Last year, McKinsey reported that in 2023 alone, the typical workload on the function was set to increase by over 10%. The increasing pressure from macroeconomic factors that include inflation, continued supply chain disruption, geopolitical tensions and ESG factors are primary areas of concern for the procurement professional.

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How IBM is helping accelerate AI adoption and application centric connectivity

IBM Supply Chain Blog

Additionally in 2023, we expanded our accessibility of IBM Hybrid Cloud Mesh to the Equinix Metal platform to enhance our customers’ ability to take advantage of the extensive Equinix infrastructure footprint to choose where to deploy and connect their enterprise applications in a flexible and efficient way.

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New Year Insights for the procurement solutions and services marketplace 2024: GEP

Spend Matters

Procurement needs to think AI-first in 2024 and beyond The generative AI wave of 2023 truly brought us into the AI economy, with companies realizing how advances in AI have the potential to transform key processes and workflows that underpin how they operate and generate value.