This report highlights insights from a survey of procurement and compliance leaders about how they’re handling workloads, challenges, and risks. Utility procurement teams are tasked with business-critical tasks, like managing costs, risks and the database of contractors that meet their companies’ specialized needs, making their work essential to operational success. But siloed workflows, tight resources and uncertain economic and trade conditions are putting pressure on these teams and making it harder for them to operate efficiently. Utility Dive’s Studio asked 150 procurement, quality assurance and compliance leaders how they’re handling these challenges and risks. This report highlights how they’re reducing exposure, ensuring compliance and reinforcing supply chain resilience across their operations. Key takeaways include: Consolidated tools can help tame complex contractor assessments On-site reviews remain essential, even in a digital-first world Data complexity, shifting global trade policies, and long verification timelines continue to slow contractor onboarding and compliance workflows
