Procurement is fundamental. Business buyers manage everything from day to-day purchases to measuring sustainability to future-proofing operations for long-term growth. It’s a wide spectrum of mission-critical responsibilities, spanning all business functions. To achieve their ever-growing list of goals, procurement is transforming at lightning speed.

For the third year in a row, Amazon Business conducted its annual study to shed light on today’s challenges and tomorrow’s priorities. In July 2023, we surveyed 3,108 procurement decision-makers and executive leaders around the globe in partnership with KRC Research. I’m delighted to present the results of the study, along with interview insights from procurement leaders and Amazon Business executives, in our 2024 State of Procurement Report.