Art & GraphicsAmelia StewartDeclan ColeJaxon JaseManaging EditorSummer Gutierrez EditorialLouis BeckerLeah JaneAlfred MardinRachael ClarkCopyright © 2024 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.Editorial*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffSummer Gutierrez Managing Editoreditor@businessmanagementreview.comProcurement services in the Asia-Pacific (APAC) region have been undergoing a significant evolution, caused by a multitude of factors ranging from technological advancements and changing consumer expectations to geopolitical uncertainties. Consequently, businesses are proactively reacting to these changes and adapting their procurement strategies to unlock new opportunities for growth, innovation, and sustainable value creation. A noteworthy development is the integration of digital technologies. From adopting cloud-based procurement platforms to utilizing artificial intelligence and machine learning algorithms, organizations are leveraging cutting-edge tools to streamline sourcing, enhance supplier collaboration, and mitigate risks. Sustainability has also become a key focus for organizations, and enterprises are increasingly prioritizing sustainable sourcing, ethical supply chain management, and carbon footprint reduction initiatives. This includes initiatives like renewable energy procurement and implementation of circular economy principles to mitigate environmental risks and foster long-term resilience. Likewise, the region is also witnessing a shift towards strategic supplier partnerships, highlighting the importance of collaboration in creating mutual value and strengthening supply chain resilience. Instead of viewing suppliers merely as transactional entities, organizations are forging symbiotic relationships grounded in transparency, trust, and shared objectives. This edition, Procurement Services 2024, showcases the perspectives of key leaders in the procurement services business, among which is Chris Willcocks, VP & Head of Enterprise Cloud SAP ANZ, SAP. They provide invaluable insights into the current and future prospects of the sector.Other industry leaders featured include Trisha McRoberts, Corporate Vice President/Chief Procurement Officer, Golden State Foods, and Maximillian Tan, Director of Business Procurement Asia at FrieslandCampina. These esteemed professionals share their invaluable insights concerning the developments and challenges within the industry along with the possible solutions. We hope these valuable insights from industry leaders featured in this edition will assist you in making informed decisions for your businesses. Let us know your thoughts.Sustainability Driving Procurement Innovation in APACEmail:sales@businessmanagementreview.comeditor@businessmanagementreview.commarketing@businessmanagementreview.com JUNE - 06 - 2024, Volume 04 - Issue 07 [ISSN 2831-848X] Published by ValleyMedia Inc.To subscribe to Business Management Review Visit http://businessmanagementreview.com/subscribe/
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