In The Hackett Group’s many years of surveying procurement leaders about their top issues for the year ahead, spend reduction is frequently at the top of the list. But in 2022, supplier risk is a more pressing concern. It’s topped the list for the first time ever – up from second position as reported in the 2021 study.
Reducing spend cost remains high on the 2022 list as the core mission for procurement organizations – though it has moved to second position on the list.
Beyond that, Procurement has an ambitious agenda with eight other priorities. Download the report to learn more.