Top Procurement Challenges in 2025 and How to Overcome Them

As we navigate through 2025, procurement professionals face a myriad of challenges that require strategic solutions. Here are some of the most pressing issues and ways to address them: 1. Supply Chain Disruptions Geopolitical tensions and global uncertainties have led to significant supply chain disruptions, affecting the timely delivery of goods and services. Solution: Implementing robust risk management strategies and diversifying the supplier base can mitigate these disruptions. Utilizing AI-powered procurement systems helps in identifying alternative suppliers and predicting potential bottlenecks. 2. Rising Costs Inflation and increased shipping expenses are driving up procurement costs, impacting organizational budgets. Solution: Leveraging e-procurement software enables better spend analysis and cost control. Tools like mjPRO provide analytics that help in negotiating better terms and optimizing purchasing strategies. 3. Compliance and Regulatory Changes Evo...