SUPPLY CHAIN STRATEGIES
Strategic sourcing is moving beyond the traditional“ lowest price” hunt, focusing instead on total cost of ownership( TCO) and the long-term alignment of procurement activities with overarching business goals.
The shift from transactional purchasing to value-based decision-making is yielding clear dividends. According to the Deloitte 2025 Global Chief Procurement Officer( CPO) Survey,“ Digital Leaders” – those pairing advanced technology with skilled talent – are significantly outperforming their peers, with 96 % hitting or beating cost savings targets compared to 80 % of digital followers.
Current data suggests a major pivot in selection criteria. KPMG’ s 2026 Future of Procurement report reveals that 66 % of executives believe increased regulatory and ESG demands are now heavily influencing their strategic sourcing decisions, reflecting a move towards more responsible purchasing.
AI is the engine behind this transformation. Recent industry pilots have demonstrated significant potential and EY’ s 2026 Procurement Outlook
106 March 2026