Each year contains unexpected developments and surprises. Some of them are mere flashes of circumstance while others change the trajectory of industries, communities, and individuals for the long term.

The challenge for procurement is knowing what to watch for and then deciding how to prepare.

In this episode of the #LoveProcurement podcast, Kelly Barner is joined by Ari Stone. Ari is the Global SVP for Value Engineering, Solution Consulting, and Services at Ivalua, a role that requires him to understand all the factors that impact procurement’s work.

Ari shares the key trends he is watching as 2024 draws to a close and offers predictions about what we might expect in the new year:

• The storylines procurement can expect to see around generative AI in 2025 and how procurement can seize the associated opportunity
• The critical role that data will play in corporate decision making and how it may change the role of the Chief Procurement Officer
• How workforce trends are affecting procurement’s ability to influence their peers and how a new generation of professionals is remaking the procurement brand in their own image
• The ongoing drama of geopolitics and how it is putting pressure on global supply chains while increasing the need for risk management and transparency

Links: Ari Stone on LinkedIn