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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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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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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.