KPMG 2023 Global Procurement Survey: A critical year ahead

Procurement executives are grappling with diverse internal and external challenges while seeking to capitalize on new opportunities. From working with limited data and outdated systems to delivering in an uncertain business environment marked by inflation, rising commodity prices and disruption, procurement executives are shouldering more responsibilities with fewer resources. Our latest survey findings show that procurement functions in many organizations struggle to find an efficient and effective operating model.

Procurement executives shared their views on the following topics:

• Continuing challenges with procurement
• Shifting short-term and long-term priorities
• Harnessing technology and investing in digital systems 
• The importance of supplier relationships
• Enhancing contract life cycle management
• Balancing current challenges with future aspirations

Gain deeper insights from global procurement executives about these issues. Download our KPMG 2023 Global Procurement Survey report to learn more today.