Evolution of Procurement: Adapting to Trends and Technologies in 2025

In this enlightening video, Marijn Overfest, founder of Procurement Tactics, delves into the evolving landscape of procurement as we head into 2025. With insights drawn from extensive research, he highlights the key themes shaping the future, such as the transformation brought about by AI, the shifting skill sets required for procurement professionals, and the increasing importance of sustainability. Overfest emphasizes that while AI enhances productivity and efficiency, it also presents challenges in data privacy and skill mismatches. He discusses the dynamic interplay between human and AI roles in procurement, stressing the necessity of upskilling and mentorship as experienced professionals retire and younger generations hesitate to enter the field. As procurement transforms from merely a cost-cutting function to a strategic driver of value and risk management, understanding these trends is crucial for professionals seeking to thrive in this competitive environment. This video not only prepares procurement teams for future challenges but also encourages embracing these changes as opportunities for growth.