Shape the Future of Procurement: Insights from Hackett’s 2025 Key Issues Study 

Shape the Future of Procurement: Insights from Hackett’s 2025 Key Issues Study

 

Shape the Future of Procurement: Insights from Hackett’s 2025 Key Issues Study 

Discover the strategies and trends redefining procurement in 2025. Based on insights from top leaders across industries, this report provides a roadmap to drive innovation, tackle challenges, and achieve operational excellence.

Key Insights Include: 

  • Transformational Trends: 64% of leaders identified digital procurement, automation, and generative AI as pivotal drivers of change over the next five years.
  • Rising Technology Investments: Procurement technology spend is expected to grow by 5.6% in 2025, addressing an 8.9% efficiency gap.
  • Strategic Priorities: Top objectives include improving cost reduction, ensuring supply continuity, and embracing digital transformation.
  • Generative AI in Action: Early adopters report deployment for PO processing, spend analytics, and e-procurement, with promising pilot activities in contract lifecycle management and advanced analytics.
  • Operating Model Evolution: A shift toward centralized resources (71% by 2025) underscores the focus on efficiency and strategic alignment.

Prepare your procurement team for the future by understanding the tools, technologies, and strategies driving value in 2025. Learn how to adapt to shifting priorities, enhance resilience, and maximize ROI on technology investments.

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