The State of Strategic Sourcing: Trends, Challenges & Capabilities

The state of strategic sourcing is evolving rapidly as global complexity, innovation, and supply market volatility intensify. Procurement teams are under pressure to respond quickly, manage supplier risk, and deliver consistent value while aligning with enterprise goals.

This in-depth report examines the state of strategic sourcing across nearly 250 procurement departments. It explores how sourcing leaders are adapting to market trends, adopting best practices, and building capabilities to drive measurable business impact.

Whether you’re refining your sourcing function or realigning strategy with supplier performance, this report provides the insights you need to stay competitive.

What You’ll Learn in This Report:

• The current state of strategic sourcing and how it’s shifting globally
• Key sourcing capabilities that enable agility and efficiency
• Real-world sourcing challenges and how top teams address them
• Emerging trends shaping sourcing strategies and supplier collaboration
• How sourcing can be positioned as a value-driving function in the enterprise