• Redefining Retail Procurement: Strategic Priorities for 2025

  • Jan 20 2025
  • Length: 25 mins
  • Podcast

Redefining Retail Procurement: Strategic Priorities for 2025

  • Summary

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    Join hosts Michael Jung and Jess Williams on a new installment of Supply Chain Deepdive as they delve into Boston Consulting Group's insightful white paper, "Indirect Spend in Retail - Procurement Leader Priorities for 2025." This episode examines the evolving landscape of retail procurement, unveiling key priorities and challenges faced by Chief Procurement Officers (CPOs). Drawing from a survey of 32 retail procurement leaders, the discussion highlights how enhanced cost control, risk management, and technology adoption can revolutionize indirect spend management. The hosts also explore the critical obstacles such as progress tracking, skill shortages, and the need for better cross-functional teamwork. Featuring strategic themes for 2025, this episode provides a roadmap for procurement leaders aiming to boost efficiency and achieve sustainable value in a dynamic retail environment.

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