2025 State of Procurement Data report
of decision-makers identified improving data and insights as a top priority
decision-makers say they lack systems to monitor and manage risk
of decision-makers say developing a broader supplier base is a high priority
The latest results are in, offering fresh insights into the rapidly changing procurement landscape. This year's data shows that while procurement is transforming from a cost-centric function to a strategic innovation driver, procurement teams are facing newer and greater challenges. From balancing supplier relationships with their limited digital capabilities to navigating unpredictable supply chains, the procurement landscape has never been more complex or dynamic.
"Overcoming the idea that procurement is merely a functional support role has been one of the most transformative efforts we’re seeing in our industry. Procurement is now about driving growth, not just saving costs."
— Interview with a procurement senior leader