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The Future of Procurement: Sourcing Smarter with Data
Manage episode 444120430 series 3605175
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In this insightful episode of Supply Chain Deepdive, hosts Michael Jung and Jess Williams dive into McKinsey & Company’s comprehensive report titled 'Where Procurement is Going Next.' Drawing on data from McKinsey’s 18-year procurement benchmarking study, the hosts explore how top-performing procurement teams are leveraging data-driven decision-making and advanced digital tools to drive operational and financial success. You'll learn how strategic sourcing, supplier diversification, and sustainability initiatives are shaping the future of procurement. Whether you're part of a large corporation or a smaller organization, the episode reveals how even modest investments in data and analytics can lead to remarkable improvements in procurement performance and business resilience.
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