The Future of Procurement & Supply

By Dr Liudmila Prozorova

The Future of Procurement is a forward-looking exploration of how procurement is evolving from a traditional operational function into a strategic driver of innovation, resilience, and competitive advantage.

In a world increasingly shaped by artificial intelligence, automation, blockchain, sustainability requirements, and rapidly changing global supply chains, procurement professionals face a fundamental question: how must procurement transform to remain relevant and valuable in the decades ahead?

This book provides a practical and thought-provoking roadmap for understanding that transformation. Drawing upon procurement principles, systems thinking, and the Theory of Inventive Problem Solving (TRIZ), it examines how business systems evolve, why existing procurement models eventually reach maturity, and what future generations of procurement systems may look like.

Readers will discover how technological innovation is reshaping sourcing, supplier management, risk mitigation, and decision-making. The book explores the growing influence of artificial intelligence, machine learning, blockchain technology, advanced analytics, autonomous procurement processes, and integrated supply chain ecosystems. It also highlights the increasing importance of sustainability, ethical sourcing, ESG objectives, and agile procurement methodologies in modern organisations.

Beyond technology, the book introduces the powerful TRIZ framework and demonstrates how its principles can be applied to business processes and procurement systems. Through concepts such as system evolution, increasing ideality, harmonisation, automation, and innovation, readers gain a structured approach to understanding change and identifying future opportunities.

The Future of Procurement is written for procurement professionals, supply chain leaders, managers, consultants, business strategists, students, and anyone interested in the future of organisational systems. Whether you are seeking to modernise procurement operations, prepare for emerging technologies, or better understand the forces shaping tomorrow's supply chains, this book offers valuable insights and practical perspectives.

Rather than focusing solely on today's challenges, this book encourages readers to think beyond current limitations and explore the possibilities of next-generation procurement. It presents a vision of procurement that is more intelligent, more connected, more sustainable, and more strategically integrated into the success of modern organisations.
The future of procurement is already taking shape. The question is not whether change is coming, but how prepared we are to lead it.

• Format: Paperback
• Language: English
• ISBN: B0H9SJZLGN
• ISBN13: 9798199706261
• Release Date: July 2026
• Publisher: Independently Published
• Length: 96 Pages
• Weight: 0.24 lbs.
• Dimensions: 0.2" x 5.3" x 8.0"