Procurement is Helping Companies Ride Out the Storm (.PDF Download)

March 3, 2021
A new report from Ardent Partners outlines the top trends impacting the world’s procurement departments and what’s in store for the rest of 2021.

The second year of this new decade began amid great uncertainty and a global pandemic that won’t be easily eliminated. In a new procurement report, Ardent Partners predicts that 2021 will be a “year of transition” as the world begins to operate in a post-COVID-19 world driven by new ideas, new innovations and new leaders.  

“While the procurement industry is consistently evolving and shifting, 2021 begins after a truly unprecedented year,” the company states in Procurement 2021: BIG Trends and Predictions. “In 2020, CPOs and their teams were forced to face massive disruptions, extreme threats, and entirely new challenges brought on by the COVID-19 pandemic. By and large, procurement leaders worked valiantly to ensure business continuity, build supply chain resilience, and prepare their enterprises for the next economic phase.”

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