Looking back into Procurement's glass ball: whose 2022 Predictions were fairest of them all?
- Lizzie Black
- December 20, 2022
Procurement Predictions over the year – who was right?
We reflect on the top 10 Predictions for 2022 from the 2021 ProcureTech100 and see if their glass ball visions were true.
At the beginning of the year, we asked the 2021 ProcureTech100 for their Procurement Predictions for 2022. Now at the end of another very busy, yet triumphant year for procurement, we’re able to look at the top 10 across 4 key themes: Digitalisation; Intelligence; People, Planet & Prosperity; and Organisation.
1. Integration of ESG into all supplier management is the norm
It’s happening 🟢🟢🟢
2. Intuitive and flexible digital solutions to improved experience
Rujul Zaparde, CEO and Co-Founder
It’s happened 🟢🟢🟢🟢🟢
3. Bold in solving critical business problems and proposing solutions that help companies navigate uncertainty
Baber Farooq, Head of Market and Solution Strategy, Procurement Solutions
It’s happening 🟢🟢🟢
5. Shift focus on measurement to focus on action in ESG
Kevin Frechette, CEO and Co-Founder
It’s happening 🟢🟢
7. Demand for digital solutions to enable and scale efforts > supply in ESG
Mark Perera, Founder and CEO
It’s happened 🟢🟢🟢🟢🟢
8. Businesses prioritise sustainability criteria in supplier negotiations
Martin Rand, CEO and Co-founder
It’s happening 🟢🟢
10. Major procurement software players will be more acquisitive of start-ups and smaller players
Iyad Aldalooj, CEO and Co-Founder
It’s happening 🟢🟢🟢
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