Indirect Procurement in 2024: Adapting to changing dynamics and maximising value

Indirect Procurement represents a significant portion of expenditure for many companies and managing it successfully can be a challenging task, requiring a keen focus on ongoing trends and potential risks.

Organisations across the globe are facing inflation and labour challenges, while advancements in technology present opportunities to maximise efficiency and drive greater business value.

Hosts Greg Anderson of WNS Procurement and Graham Crawshaw of CASME, delve into the current landscape of Indirect Procurement, including:

  • The impact of rising inflation on contracts and suppliers
  • Labour and talent shortages in multiple industries and indirect categories
  • The evolving risk management dynamic and how to stay ahead
  • Engaging the right stakeholders to leverage support and decision-making power

2024 is expected to be a blend of opportunities and challenges for Indirect Procurement. Discover how we can create continuous value, optimise indirect spending, and address the ongoing challenges effectively.

Procurement faces substantial challenges in navigating current market pressures, inflation, supplier scarcity, and expected talent shortages. How can Procurement effectively address theseā€¦

Amidst all the excitement around how AI will transform the way Procurement delivers value to organisations, one key ingredient never receives enough attention: our people.

The rise of Chat GPT has catapulted AI into the limelight, captivating the public's imagination.