The Procurement Initiative

The Procurement Initiative PRACTICE. PIONEER. PROSPER. 

The Procurement Initiative is a modern think tank and a platform for people who want to shape the future of Procurement. We live in a world where uncertainty and crises are the new normal. And that is exactly why we believe in a new purpose of Procurement: to take full responsibility for creating and orchestrating global supply chains that positively impact the needs for viable and sustainable businesses, a prosperous society, and a healthy planet alike. 

Do you want to know what Procurement will look like in the future? Find out what we think about the future of Procurement and how we define the new Purpose of Procurement!

The Procurement Initiative aims to find fresh answers to the most significant challenges and future needs of Procurement by connecting the right people, pushing for more responsibility-taking, jointly developing the essential solutions, and building adequate capabilities that positively impact our economy, society, and the planet. We see ourselves as a modern think tank and platform that engages and inspires professionals to join this transformation of actively addressing the supply chain, which reflects a significant part of a company’s spend and thus has a tremendous impact on creating a sustainable business and higher company value. 

We believe in a new purpose of Procurement:

• where awarding new business takes its entire cost into account, including economic, environmental, and social aspects as well as the cost of managing resilience over time 
• where suppliers are seen as partners to create long-term value together and collaborate in any crisis 
• where Procurement is the orchestrator between internal and external stakeholders in a whole ecosystem to draw from  
• where Procurement leaders must find one voice and build coalitions across businesses and industries to resolve the most pressing issues of our lifetime 

The Procurement Initiative: 

• builds a bridge between Procurement professionals, policymakers, and thought leaders in adjacent fields of sustainability, leadership, technology to fundamentally change how we operate in Procurement  
• provides a platform for fruitful discussions between accomplished Procurement professionals  
• provides the latest research on critical topics and how to shape Procurement for the future provides actionable advice from the business world on how to stay ahead in Procurement