Rising to the Challenge: Driving Procurement Excellence in 2023

In this AOP Live session, we are joined by Dipan Karumsi, Principal and Leader of Procurement and Outsourcing Advisory at KPMG, and Len Prokopets, Managing Director, Procurement and Outsourcing Advisory, who discuss key market insights from a KPMG survey and offer guidance for forward-looking procurement leaders.

To help their clients understand the changing environment and benchmark their strategies and investment priorities, KPMG recently conducted a survey of 400 global procurement leaders. The study captured insights on procurement’s current challenges, goals, and priorities as well as the path forward.

Procurement has experienced unprecedented change and disruption in the past several years. Procurement operating models and priorities continue to evolve as new trends take hold, including economic turmoil, ESG, supply disruptions, shifting workforce dynamics, new regulatory requirements, and technology innovations such as generative AI. Procurement must navigate these changes to help the broader organization adapt, innovate, and deliver.

In this episode, Dipan and Len will discuss the survey and answer live questions about:

- Procurement challenges and priorities, and the key investments they are focusing on as a result
- What savings levels procurement organizations are targeting going forward
- How procurement budgets and headcount are likely to change
- Emerging technologies being adopted and implemented

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Art of Procurement was founded in 2015 to empower professionals at all levels to align procurement performance with corporate objectives. Whether it is based on the inspiration of the #1 procurement podcast hosted by Founder Philip Ideson, or through targeted advisory and content creation offerings, we guide our clients and brand partners on their journey to 10X the impact of #procurement.