Nearly three-quarters of CPOs believe 2024 will be more challenging than 2023. To navigate potential roadblocks, 74% of procurement teams will be using AI by the end of the year.
In addition, savings, ESG and risk management are high on the priority list.
Those are just some of the findings of Procurement Metrics That Matter in 2024, a GEP-sponsored research report by Ardent Partners.
Explore the issues driving procurement professionals and benchmark your performance against your peers.
What’s Inside:
• Discover why 61% of CPOs believe AI will transform procurement
• How best-in-class procurement teams manage 90+% of total spend
• AI investments are expected to significantly boost technology spending going forward
Download this annual compilation of the industry’s top operational metrics.
Theme: Procurement
