{"id":689730,"date":"2022-09-28T09:05:44","date_gmt":"2022-09-28T13:05:44","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/amazon-business-2022-state-of-business-procurement-report-highlights-opportunities-in-e-procurement\/"},"modified":"2022-09-28T09:05:44","modified_gmt":"2022-09-28T13:05:44","slug":"amazon-business-2022-state-of-business-procurement-report-highlights-opportunities-in-e-procurement","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/amazon-business-2022-state-of-business-procurement-report-highlights-opportunities-in-e-procurement\/","title":{"rendered":"Amazon Business\u2019 2022 State of Business Procurement Report Highlights Opportunities in E-Procurement"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Amazon Business\u2019 2022 State of Business Procurement Report Highlights Opportunities in E-Procurement<\/b><\/p>\n<p class=\"bwalignc\"><i>The second annual study reveals strong interest in online procurement across commercial, education, government, nonprofit, and health care industries, along with increased focus on corporate social responsibility<\/i><\/p>\n<p>SEATTLE&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nAmazon (NASDAQ: AMZN) \u2013 Amazon Business today released its second <i>State of Business Procurement Report<\/i>, which shares business-to-business (B2B) trends and new insights from U.S. procurement professionals across industries and organizations of every size. Amazon Business, launched in 2015, helps leaders digitize and automate procurement with powerful management controls and analytic tools\u2014all within the familiar experience of Amazon. For the report, which examines the rapid transformation of B2B e-procurement in recent years, Amazon Business surveyed buyers who hold influential procurement roles across commercial, education, government, nonprofit, and health care industries in the U.S.\n<\/p>\n<p>\nThe report highlighted a number of trends, including:\n<\/p>\n<ul class=\"bwlistdisc\">\n<li>\n91% of B2B buyers state a preference for online purchasing.\n<\/li>\n<li>\n58% of B2B buyers now make purchases that have to be delivered directly to an employee\u2019s personal residence, accommodating an increasingly distributed workforce as a result of the COVID-19 pandemic.\n<\/li>\n<li>\n84% of B2B buyers say their organizations plan to increase how much money they spend with Black- or other diverse-owned businesses.\n<\/li>\n<li>\n63% of B2B buyers say that improving sustainability in their purchasing practices is a top goal.\n<\/li>\n<li>\nIncreases from last year\u2019s report indicate a continued prioritization of corporate social responsibility (CSR) objectives.\n<\/li>\n<\/ul>\n<p>\n\u201cProcurement professionals continue to contend with a variety of challenges in a rapidly evolving landscape. We\u2019re constantly looking for opportunities to improve the buying experience for our customers, and our <i>2022 State of Business Procurement Report<\/i> provides actionable insights to procurement strategies and serves to aid decision-makers as they continue their digital transformation journey,\u201d said Aster Angagaw, vice president of commercial, public, and strategic sectors at Amazon Business. \u201cWe\u2019re proud to equip buyers across industries, organizational sizes, and revenues with the tools needed to meet their business goals and improve operations.\u201d\n<\/p>\n<p>\nAmazon Business can help business buyers overcome common pain points like accessing a wider range of suppliers and managing distributed purchasing. Purchasing optimization solutions like purchase order and invoice, storage and sharing, approval workflows, expense management, guided buying capabilities, and replenishment solutions enable operational efficiencies across entire organizations, not just in procurement. Amazon Business\u2019 Smart Business Buying solutions empower purchasers to get what they need, when they need it.\n<\/p>\n<p>\nDownload the <i>2022 Amazon Business State of Business Procurement Report<\/i> (<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fbusiness.amazon.com%2Fen%2Ffind-solutions%2Fe-procurement&amp;esheet=52927986&amp;newsitemid=20220928005111&amp;lan=en-US&amp;anchor=https%3A%2F%2Fbusiness.amazon.com%2Fen%2Ffind-solutions%2Fe-procurement&amp;index=1&amp;md5=f72df190bfc432a4001ed116e1d893f8\">https:\/\/business.amazon.com\/en\/find-solutions\/e-procurement<\/a>). Key takeaways include:\n<\/p>\n<p><b>Business buyers maintain a preference for digital procurement, and distributed deliveries are becoming the standard<\/b><\/p>\n<p>\nThe COVID-19 pandemic accelerated digital transformation efforts in the procurement space, and the <i>2022 State of Business Procurement Report<\/i> shows that the preference for digital is holding strong. In fact, 68% of buyers said they plan to make at least 40% or more of their purchases online by the end of the year\u2014up from 56% of buyers in the <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fbusiness.amazon.com%2Fen%2Fwork-with-us%2Fenterprise%2Fb2b-ecommerce-report0&amp;esheet=52927986&amp;newsitemid=20220928005111&amp;lan=en-US&amp;anchor=2021+B2B+Evolution+in+E-Commerce+Report&amp;index=2&amp;md5=7c72bddcb63e3178b52e38bd8cb7c34c\">2021 B2B Evolution in E-Commerce Report<\/a>. Additionally, only 2% of respondents this year said they purchase exclusively offline.\n<\/p>\n<p>\nHowever, distributed purchasing and deliveries across more locations are becoming a standard part of procurement. Today, more than 1.7 million small and medium-sized businesses around the world sell in Amazon stores. According to this year\u2019s report, supporting remote work is buyers\u2019 third most important procurement goal, behind only purchasing with local businesses and those with sustainability-related certifications. Also, 46% of buyers are responsible for making purchases for multiple offices; of those, 24% are tasked with supporting offices in multiple countries.\n<\/p>\n<p><b>Buyers are price-conscious, but increasing support for diverse-owned businesses and more-sustainable supplies is the main driver of purchasing decisions<\/b><\/p>\n<p>\nEven as businesses are facing growing concerns related to inflation, supply chain disruptions, and economic downturn, investment continues in smart business buying. The report shows that the majority of B2B buyers\u2019 budgets are increasing or holding steady over 2021, and only 22% of respondents expected a budgetary decrease this year.\n<\/p>\n<p>\nHowever, while respondents said that cutting costs and increasing efficiency were the areas most important for overall improvement, three of the four most important procurement priorities center around contributing to organizational CSR goals, including supporting sustainable, diverse, and local businesses. The report found that 91% of buyers take seller certifications into consideration when purchasing. This mirrors consumer purchasing behavior, where decisions are increasingly made based on a buyer\u2019s values.\n<\/p>\n<p>\nStill, organizations face a particular challenge in achieving sustainability goals. While 69% of B2B buyers work at organizations that require an increase in purchases from sellers following sustainable practices, 55% of buyers with sustainability goals say it\u2019s difficult to source suppliers that follow sustainable practices. This presents opportunities for buyers to further leverage seller certifications as part of their Smart Business Buying strategy, closing the gap on sustainability-focused goals.\n<\/p>\n<p><b><i>Amazon Business\u2019 State of Business Procurement Report methodology<\/i><\/b><\/p>\n<p><i>Amazon Business <\/i><i>surveyed 440 B2B buyers across the U.S. in April 2022 using an online survey platform. Respondents included full- and part-time employees across a range of job levels. Those commercial organizations made at least $250 million in annual revenue. Respondents work in the following sectors: commercial industries (240), health care (95), education (60), and government\/nonprofit (45). All buyer respondents play an influential role in their organization\u2019s procurement process. This report also references data from our <\/i><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fbusiness.amazon.com%2Fen%2Fwork-with-us%2Fenterprise%2Fb2b-ecommerce-report0&amp;esheet=52927986&amp;newsitemid=20220928005111&amp;lan=en-US&amp;anchor=2021+B2B+E-commerce+in+Evolution+Report&amp;index=3&amp;md5=e5e5e170373d8bf1f525948191167e0c\"><i>2021 B2B E-commerce in Evolution Report<\/i><\/a><i>, which surveyed 250 B2B buyers of similar demographics between December 2020 and January 2021.<\/i><\/p>\n<p><b>About Amazon Business<\/b><\/p>\n<p>\nAmazon Business helps millions of customers worldwide\u2014from small businesses, schools, hospitals, nonprofits, and government agencies to large enterprises with global operations\u2014reshape their procurement with cost and time savings, greater productivity, and insightful purchasing analytics. Procurement and business leaders enjoy convenient shipping options on hundreds of millions of supplies across categories like office, IT, janitorial, food service, and professional medical supplies. Customers also have access to a variety of business-tailored features and benefits, including a curated site experience, Business Prime, business-only pricing and selection, single- or multi-user business accounts, approvals workflow, purchasing system integrations, payment solutions, tax exemptions, and dedicated customer support. Amazon Business is currently available in the United States, Canada, the United Kingdom, Germany, France, Italy, Spain, Japan, and India. For more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fbusiness.amazon.com&amp;esheet=52927986&amp;newsitemid=20220928005111&amp;lan=en-US&amp;anchor=business.amazon.com&amp;index=4&amp;md5=c091701bed8346ecf11612fd10c3d104\">business.amazon.com<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.amazonbusinessblog.com&amp;esheet=52927986&amp;newsitemid=20220928005111&amp;lan=en-US&amp;anchor=www.amazonbusinessblog.com&amp;index=5&amp;md5=14c77d760303be52757867a1501e03f9\">www.amazonbusinessblog.com<\/a>, and <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ftwitter.com%2FAmazonBusiness&amp;esheet=52927986&amp;newsitemid=20220928005111&amp;lan=en-US&amp;anchor=%40AmazonBusiness&amp;index=6&amp;md5=3d3ab3488dc150980a7985f0849b5a0a\">@AmazonBusiness<\/a>.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20220928005111r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20220928005111\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20220928005111\/en\/<\/a><\/span><\/p>\n<p>\nAmazon.com, Inc.<br \/>\n<br \/>Media Hotline<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Amazon-pr@amazon.com\">Amazon-pr@amazon.com<br \/>\n<\/a><br \/><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.amazon.com%2Fpr&amp;esheet=52927986&amp;newsitemid=20220928005111&amp;lan=en-US&amp;anchor=www.amazon.com%2Fpr&amp;index=7&amp;md5=2537f1197c4feefeadf9f2077ae58766\">www.amazon.com\/pr<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America Washington<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Online Retail Technology Professional Services Business Electronic Commerce Small Business Environmental, Social and Governance (ESG) DEI (Diversity, Equity and Inclusion) Retail Internet Mobile\/Wireless<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20220928005111\/en\/1584336\/3\/Amazon_Business_Logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Amazon Business\u2019 2022 State of Business Procurement Report Highlights Opportunities in E-Procurement The second annual study reveals strong interest in online procurement across commercial, education, government, nonprofit, and health care industries, along with increased focus on corporate social responsibility SEATTLE&#8211;(BUSINESS WIRE)&#8211; Amazon (NASDAQ: AMZN) \u2013 Amazon Business today released its second State of Business Procurement Report, which shares business-to-business (B2B) trends and new insights from U.S. procurement professionals across industries and organizations of every size. Amazon Business, launched in 2015, helps leaders digitize and automate procurement with powerful management controls and analytic tools\u2014all within the familiar experience of Amazon. For the report, which examines the rapid transformation of B2B e-procurement in recent years, Amazon Business surveyed buyers who hold influential &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/amazon-business-2022-state-of-business-procurement-report-highlights-opportunities-in-e-procurement\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Amazon Business\u2019 2022 State of Business Procurement Report Highlights Opportunities in E-Procurement&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-689730","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Amazon Business\u2019 2022 State of Business Procurement Report Highlights Opportunities in E-Procurement - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/amazon-business-2022-state-of-business-procurement-report-highlights-opportunities-in-e-procurement\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Amazon Business\u2019 2022 State of Business Procurement Report Highlights Opportunities in E-Procurement - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Amazon Business\u2019 2022 State of Business Procurement Report Highlights Opportunities in E-Procurement The second annual study reveals strong interest in online procurement across commercial, education, government, nonprofit, and health care industries, along with increased focus on corporate social responsibility SEATTLE&#8211;(BUSINESS WIRE)&#8211; Amazon (NASDAQ: AMZN) \u2013 Amazon Business today released its second State of Business Procurement Report, which shares business-to-business (B2B) trends and new insights from U.S. procurement professionals across industries and organizations of every size. Amazon Business, launched in 2015, helps leaders digitize and automate procurement with powerful management controls and analytic tools\u2014all within the familiar experience of Amazon. For the report, which examines the rapid transformation of B2B e-procurement in recent years, Amazon Business surveyed buyers who hold influential &hellip; Continue reading &quot;Amazon Business\u2019 2022 State of Business Procurement Report Highlights Opportunities in E-Procurement&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/amazon-business-2022-state-of-business-procurement-report-highlights-opportunities-in-e-procurement\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-28T13:05:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20220928005111r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/amazon-business-2022-state-of-business-procurement-report-highlights-opportunities-in-e-procurement\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/amazon-business-2022-state-of-business-procurement-report-highlights-opportunities-in-e-procurement\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Amazon Business\u2019 2022 State of Business Procurement Report Highlights Opportunities in E-Procurement\",\"datePublished\":\"2022-09-28T13:05:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/amazon-business-2022-state-of-business-procurement-report-highlights-opportunities-in-e-procurement\\\/\"},\"wordCount\":1099,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/amazon-business-2022-state-of-business-procurement-report-highlights-opportunities-in-e-procurement\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20220928005111r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/amazon-business-2022-state-of-business-procurement-report-highlights-opportunities-in-e-procurement\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/amazon-business-2022-state-of-business-procurement-report-highlights-opportunities-in-e-procurement\\\/\",\"name\":\"Amazon Business\u2019 2022 State of Business Procurement Report Highlights Opportunities in E-Procurement - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/amazon-business-2022-state-of-business-procurement-report-highlights-opportunities-in-e-procurement\/","og_locale":"en_US","og_type":"article","og_title":"Amazon Business\u2019 2022 State of Business Procurement Report Highlights Opportunities in E-Procurement - Market Newsdesk","og_description":"Amazon Business\u2019 2022 State of Business Procurement Report Highlights Opportunities in E-Procurement The second annual study reveals strong interest in online procurement across commercial, education, government, nonprofit, and health care industries, along with increased focus on corporate social responsibility SEATTLE&#8211;(BUSINESS WIRE)&#8211; Amazon (NASDAQ: AMZN) \u2013 Amazon Business today released its second State of Business Procurement Report, which shares business-to-business (B2B) trends and new insights from U.S. procurement professionals across industries and organizations of every size. Amazon Business, launched in 2015, helps leaders digitize and automate procurement with powerful management controls and analytic tools\u2014all within the familiar experience of Amazon. For the report, which examines the rapid transformation of B2B e-procurement in recent years, Amazon Business surveyed buyers who hold influential &hellip; Continue reading \"Amazon Business\u2019 2022 State of Business Procurement Report Highlights Opportunities in E-Procurement\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/amazon-business-2022-state-of-business-procurement-report-highlights-opportunities-in-e-procurement\/","og_site_name":"Market Newsdesk","article_published_time":"2022-09-28T13:05:44+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20220928005111r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/amazon-business-2022-state-of-business-procurement-report-highlights-opportunities-in-e-procurement\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/amazon-business-2022-state-of-business-procurement-report-highlights-opportunities-in-e-procurement\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Amazon Business\u2019 2022 State of Business Procurement Report Highlights Opportunities in E-Procurement","datePublished":"2022-09-28T13:05:44+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/amazon-business-2022-state-of-business-procurement-report-highlights-opportunities-in-e-procurement\/"},"wordCount":1099,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/amazon-business-2022-state-of-business-procurement-report-highlights-opportunities-in-e-procurement\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20220928005111r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/amazon-business-2022-state-of-business-procurement-report-highlights-opportunities-in-e-procurement\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/amazon-business-2022-state-of-business-procurement-report-highlights-opportunities-in-e-procurement\/","name":"Amazon Business\u2019 2022 State of Business Procurement Report Highlights Opportunities in E-Procurement - 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