2025 Procurement Agenda and Key Issues Study Results

This document is a research report detailing the findings of The Hackett Group's 2025 Procurement Agenda and Key Issues Study. The study surveyed procurement leaders from midsized and large enterprises to identify strategic priorities and initiatives for the upcoming year. Key trends impacting procurement over the next five years include digital procurement, automation, artificial intelligence, and generative AI, along with the evolving skill sets required for procurement teams. The report outlines projected changes in procurement workloads, staffing levels, and technology spending. It highlights that procurement teams expect to achieve higher savings in 2025 compared to 2024, with a focus on improving cost reduction and ensuring supply continuity. The report also discusses the adoption of technology in procurement, emphasizing the importance of generative AI and analytics capabilities. Overall, the findings indicate a significant shift towards digital transformation and the need for procurement teams to adapt to new technologies and methodologies to enhance their operational effectiveness.