Strategic Sourcing Research Center

This page is a centralized resource page dedicated to Institute for Supply Management®’s strategic sourcing research.

Gathering news and resources on the information you should know and education and research you can access to learn more about strategic sourcing within supply management. Join the conversation, share your experience, and ask questions through our social channels or by connecting with us at ask@ismworld.org.

ISM RESEARCH SAYS...

The Institute for Supply Management® (ISM®) collected information from supply management professionals around strategic sourcing. The survey was conducted between March 14 and April 13, 2023. Below are some highlights from the research.

76%

Of respondents say their organization has created or implemented a strategic sourcing initiative.

60%

Of work at manufacturing organizations is tied to direct spend.

45%

Of work at services firms is tied to direct spend.

28%

28% Of respondents say their organization does not have a formal sourcing governance infrastructure in place.

WHITE PAPER

Access ISM’s white paper around the 2023 Strategic Sourcing research. The paper highlights various insights from the research as well as top business priorities for procurement.

 

ISM Strategic Sourcing Research

 

This infographic will give you greater insights into key themes around the Institute for Supply Management®'s 2023 Strategic Sourcing research. The survey was conducted between March 14 and April 13, 2023, and included over 611 respondents. The focus of the study is on strategic sourcing within the supply management profession.

View Infographic

Articles

CEO Agendas Show Varying Urgency Levels on Climate

April 04, 2024

More than half (55 percent) of global gross domestic product (GDP) is at least moderately dependent on nature’s accommodation, according to research by global professional services firm PricewaterhouseCoopers (PwC). That’s equivalent to about US$58 trillion.