Post by Schneider Electric

Procurement is entering a new era - where value is created earlier and more strategically. In Economist Impact’s latest report, “Procurement at a Crossroads: From Optimism to Realism,” our Chief Procurement Officer, Ard Verboon, shares how the function is evolving in today’s complex environment. Drawing on insights from more than 2,600 C-suite leaders, the report shows that procurement is no longer defined by cost alone. It is becoming a key lever for resilience, digital transformation, and sustainable performance. What’s changing: - Cost and resilience are now tightly linked - AI is high on the agenda but scaling impact remains a challenge - Procurement is expanding its role to drive strategic value across the business Explore the full report: http://spr.ly/6045B82qKh #GlobalSupplyChain #Procurement #AI #SchneiderElectric