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How Regulatory Complexity Is Driving Procurement’s Future

Gartner graphic of supply chain visibility journey

Procurement leaders are expected to navigate a regulatory environment that grows more complex each day.

The number of ESG regulations alone has more than doubled in the last decade, and today nearly 10% of all world imports are subject to some form of import restriction, according to the World Trade Organization.

 

Keeping track of all the regs feels daunting enough. Complying with them is the tough but necessary reality for gaining a competitive edge today.

We believe a new report from Gartner®, How Regulatory Complexity Will Shape the Future of Procurement, details how procurement leaders can thrive in this environment. One key strategy: Using advanced technology to achieve supply chain transparency, which is crucial for due diligence, compliance at scale, automating workflows, and supplier diversification.

 

You’ll also learn about how to:

  • Balance investments across procurement value streams
  • Prepare staff to support category, supplier, and contract management
  • Prioritize developing connections with key stakeholders

 

For complimentary access to gain more insights from this Gartner research report, courtesy of Exiger, complete the form.

 

Access the Gartner® Report

Gartner, How Regulatory Complexity Will Shape the Future of Procurement, 2024

18 October 2024, Cian Curtin, Ryan Polk, Thomas Pocock, Cheryl Van Dyke

 

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.

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