Purpose-driven Procurement: Entering the Age of Holistic Value

Procurement’s role has evolved beyond creating shareholder value; it now aims to generate value for communities, drive sustainability in supply chains, and mitigate risks while remaining resilient. This expanded purpose offers purchasing teams a unique opportunity to uncover additional value in areas such as risk management, innovation, and sustainability. Now, Procurement holds the key to addressing a large portion of an organization’s environmental and social impact. In the latest Procurement Leaders Analyst Report: Purpose-driven Procurement: Entering the Age of Holistic Value, experts reveal that with the right vision, leaders can create a lasting legacy for themselves, their teams, and their organization.