How Can Leaders Craft Effective Procurement Strategies?
Robust procurement strategies are essential for controlling costs, mitigating supply risks and strengthening organisational resilience.
When procurement is positioned as a strategic function rather than a transactional task, it underpins business growth and stability. Clear approaches enhance supplier relationships, improve compliance and promote sustainable decision-making.
In a global market marked by uncertainty, effective procurement delivers the agility and efficiency needed to stay competitive and create lasting value.
“It all starts with a strategy,” said Javier Carnevali, Chief Procurement Officer at Grupo Herdez, during the Digital Procurement Strategies Panel at Procurement & Supply Chain LIVE Chicago 2025.
"It’s important to involve all stakeholders and define the goals we want to achieve.”
The Procurement Strategies Panel will take place on Day 1 of Procurement & Supply Chain LIVE London 2025, with leaders representing Coupa, Deliveroo, Diebold Nixdorf and Lufthansa taking to the stage.
To secure your tickets and hear from procurement's finest, click here.
Driving business growth
Strong procurement strategies are vital for organisations aiming to remain competitive in today’s fast-evolving market.
Speaking at Procurement & Supply Chain LIVE Singapore 2025, Sean Wu, former SVP of Manufacturing and Supply Chain at 3M, highlighted the importance of leaders developing approaches that improve efficiency while also fuelling business growth.
He noted that procurement teams frequently concentrate too heavily on cost savings and operational measures, while overlooking collaboration with business stakeholders.
"Sometimes procurement teams miss a chance to reach out to the business to understand what they need and how they see procurement helping them grow," he explained.
Sean also emphasised that sustainability must be a core element of contemporary procurement and supply chain strategies.
"It has to be part of your procurement or supply chain strategy – it’s not just a checkbox," he stated.
Exploring procurement strategies
At Procurement & Supply Chain LIVE London 2025, four trailblazing leaders will lift the lid on their companies' procurement strategies and offer advice to their fellow professionals.
They are:
- Tricia Miller, Global Procurement Executive at Coupa
- Rob Turner, Chief Procurement Officer at Deliveroo
- Milind Tailor, Global Head, Resale Products & Services Procurement at Diebold Nixdorf
- Ellen Gärtner, Chief Procurement Officer at Lufthansa
About Procurement & Supply Chain LIVE London 2025
Procurement & Supply Chain LIVE is returning to the Business Design Centre in London for its annual Global Summit.
This unmissable event is aimed at facilitating knowledge sharing and connections among the world's procurement and supply chain leaders.
Those attending can enjoy inspiring keynotes, engaging panels and exclusive workshops covering a diverse range of topics, including supply chain transformation, procurement technology, sustainability and ESG, AI, finance, logistics and supplier relationship management.
To secure your tickets, click here.
