Risk Management in Procurement – Study results

 

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Facing Poly-Risk: The New Reality in Procurement

In a time of increasing uncertainty, we set out to understand how leading companies are responding to a growing, interconnected risk landscape. Our study is based on insights from senior decision-makers across Europe—87% in C-level or senior roles, with over 40% representing companies exceeding €100M in turnover.

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Why This Study Matters

The Risk Management in Procurement 2024 study reveals how companies are responding to an increasingly complex and uncertain environment. The report provides actionable recommendations for future-proofing procurement and building supply chain resilience.

 

Top 3 Most Important Findings

  1. Procurement is Now a Poly-Risk Arena         

                                                                   

                    

    The days of single dominant risks are over. Price, supply, compliance, quality, and ESG risks are now viewed as equally relevant—requiring broader, more adaptive strategies across all procurement functions.

  2. Digitalization of Risk Management Is Gaining Momentum—But Gaps Remain

     

    Nearly half of companies have implemented early risk detection systems and AI tools, but many still lack the digital infrastructure and dedicated resources needed for sustainable, proactive risk management.

  3. Regionalization and Reducing Complexity Are Key Strategies

     

    More than 50% of participants plan to restructure their supply chains over the next five years, focusing on nearshoring and reduced supplier complexity—despite the expectation of higher costs.

 

Ready to Strengthen Your Risk Strategy?

Don’t wait for the next disruption. Learn how leading companies are transforming procurement into a strategic, data-driven function—built to thrive in uncertain times.

Download the full study results for free:
Fill out the contact form below to receive the complete study by email.


 

Our Risk Management Experts

Sebastian Wellmann

Associate Director

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Jan-Dirk Albers

Senior Project Manager

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