Procurement teams are currently facing challenges from cost pressures, geopolitical tensions, and tariff uncertainties, necessitating a reevaluation of their strategies. Historically tactical, procurement has shifted towards a strategic operational role, with leaders recognizing its potential to drive organizational change. Factors such as supply continuity, geopolitics, and sustainability are now critical considerations. To navigate complexities in 2025, leaders are advised to diversify supplier options, conduct value analyses, leverage AI for data-driven insights, and automate contract management processes, thus enhancing efficiency and adaptability.


Source: https://www.supplychaindive.com/news/5-procurement-strategies-leaders-2025/743393/

Access on the Go with App

Stay connected and manage your logistics needs anytime,anywhere with our mobile app.