Insights / Reports
The Ultimate Guide to Procurement Best Practices in 2024
A practical guide to the procurement challenges, trends, and priorities shaping 2024
For procurement leaders shaping strategy and priorities for 2024.
Key findings
- Procurement in 2024 is defined by sustainability, regulatory change, digital transformation, and inflation pressure.
- T-shaped procurement talent, better databases, and stronger stakeholder collaboration are recurring priorities.
- Good supplier data improves risk mitigation, speed to market, cost control, and sustainability tracking.
- Veridion positions data quality as a core enabler for procurement effectiveness.
Overview
What this report covers
A procurement guide covering the 2024 landscape, major trends, work priorities, and the role of better data in driving resilience, efficiency, and strategic impact.
Inside the report
Questions this report answers
- Which challenges and trends are reshaping procurement in 2024?
- How should procurement respond to post-pandemic inflation and supply pressure?
- Why has the “T-shaped” procurement professional become the talent to hire?
- How do DEIB and sustainability move from buzzwords to procurement priorities?
- Which supplier data points let procurement prove its value to the C-suite?
Contents
What’s inside
- Changes in the 2024 procurement landscape
- The main challenges everyone is facing
- The trends your competition is exploring
- The procurement professional’s workboard for 2024
- Why good data is the foundation: Veridion’s role
Get the report
Read the full 24-page report
Download the full research, ready to reference or share with your team.