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1、2024 State of Procurement Report The Trends Shaping the Future of Business Buying2Amazon Business:2024 State of Procurement ReportTable of contents3Executive summary A note from Amazon Business19Section three:Environmental,social,and governance improvements4Key findings25Section four:Collaboration a
2、nd purchasing democratization6Section one:Key challenges and priorities30Conclusion13Section two:Transforming procurement33Methodology3Amazon Business:2024 State of Procurement ReportExecutive summary A note from Amazon BusinessProcurement is fundamental.Business buyers manage everything from day-to
3、-day purchases to measuring sustainability to future-proofing operations for long-term growth.Its a wide spectrum of mission-critical responsibilities,spanning all business functions.To achieve their ever-growing list of goals,procurement is transforming at lightning speed.For the third year in a ro
4、w,Amazon Business conducted its annual study to shed light on todays challenges and tomorrows priorities.In July 2023,we surveyed 3,108 procurement decision-makers and executive leaders around the globe in partnership with KRC Research.Im delighted to present the results of the study,along with inte
5、rview insights from procurement leaders and Amazon Business executives,in our 2024 State of Procurement Report.Armed with these insights,procurement leaders have the opportunity to glean valuable lessons from their peers and reshape their organizations.For instance,our research revealed that 80%of r
6、espondents are willing to integrate AI into their procurement processes within the next two years.AI holds the potential to enhance purchasing by recommending lower-cost products based on past purchases or by empowering chatbots to gather information and provide guidanceto name just a few applicatio