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What can power tools can teach us about the future of procurement?

What can power tools can teach us about the future of procurement?

Instead of storing an expensive array of tools to cover every eventuality, you can you buy a modular power tool which, because it enables you to interchange batteries, chargers and heads, enables you to perform a host of tasks.

The same principle is now being applied to procurement systems.

This paper, written in partnership with GEP, covers:

why strategic versatility needs to be a top priority in today’s procurement organisations
and why the right choice of digital tools can promote true transformation

Related Expert Reports

The Supply Chain AI Readiness Report

The Supply Chain AI Readiness Report

More than half of supply chain professionals are probably using generative AI. But fewer than 1 in 10 of supply chain AI pilots have identified what it takes to translate that enthusiasm into industrial-scale results.

Through our research and interviews with senior supply chain executives, we have identified a group we call the “Performance Elite.”

AI - Friend or Foe?

AI - Friend or Foe?

The question of AI - friend or foe is not really about robots taking over the world. It is about something far more immediate: can we trust what we are adopting? Can we control it once it is embedded in our business? And if it goes wrong, who is accountable?

Time to Lead: CIPS Global State of Procurement & Supply 2026

Time to Lead: CIPS Global State of Procurement & Supply 2026

Geopolitical volatility. Rising risk. AI acceleration. ESG accountability. Procurement and supply professionals are navigating a landscape of shifting pressures and expanding expectations. The CIPS Global State of Procurement and Supply 2026, supported by GEP, reveals a profession at a defining moment and leaders stepping closer than ever to the heart of organisational strategy.

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