two professionals talking about procurement skills two professionals talking about procurement skills

Procurement skills
for the future

Research report by Economist Impact

Key findings

  • 54%

    of procurement leaders say digital transformation skills will be important in five years, up from 36% today

  • 64%

    of procurement leaders agree that AI / machine learning tools help procurement professionals do their jobs better

  • 65%

    of procurement leaders report relying on external resources for technology skills

The research

Amazon Business commissioned Economist Impact to conduct a global research program to assess skills gaps within procurement teams, identify critical competencies needed to meet future needs, and explore ways to develop these key skills for procurement.

procurement skills for the future report cover

Uncover the current procurement skills gaps and critical capabilities for the future

Economist Impact surveyed more than 900 procurement decision-makers and senior leaders across 9 countries and 7 industries, and found these key takeaways:

  1. The future of procurement skills lies in sustainability and innovation.
  2. Gains from AI are already here, strengthening procurement capacity.
  3. The gap between current skills and future needs is wide.
  4. There is a disconnect between leadership and junior employees that could hinder procurement effectiveness.
  5. Strategic success depends on balancing in-house capabilities with external expertise.

Dive deep into the research findings with the full report and get insights direct from fellow procurement leaders. Start closing the procurement skills gaps and cultivate critical competencies in your organization today.

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