Looking back into Procurement’s glass ball

Looking back into Procurement's glass ball: whose 2022 Predictions were fairest of them all?

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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 🟢🟢🟢 

4. Best of Breed 

Omer Abdullah, Co-Founder

It’s happened 🟢🟢🟢🟢🟢 

5. Shift focus on measurement to focus on action in ESG 

Kevin Frechette, CEO and Co-Founder

It’s happening 🟢🟢 

6. Supply chain mapping and transparency 

Omer Abdullah, 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 🟢🟢 

9. Technology enabled transparency 

Ryan Neu, CEO and 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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