New Report Reveals How Top Performing Companies Reduce Risk and Drive Growth With Supplier Spend

CHICAGO: Supplier.io, the market-leading provider of supplier intelligence solutions, has released its 2025 Best Practices for Alternate Sourcing Report, offering a data-driven guide for businesses navigating today’s evolving procurement landscape. Based on insights from top performing companies, the report outlines practical strategies to help organizations strengthen supplier networks, reduce risk, and drive greater efficiency amid shifting economic and regulatory pressures.

"Today’s supply chains face unprecedented challenges with rising costs, shifting regulations, and ongoing global disruptions,” said Aylin Basom, CEO of Supplier.io. “The most successful organizations distinguish themselves by making proactive, data driven decisions. Our latest report and supplier intelligence arm businesses to identify risks early, strengthen supplier relationships, and improve sourcing reliability.”

The report features key insights, data, and best practices from 398 leading companies, with a combined $168 billion in supplier spend. Through a combination of extensive data analysis, survey feedback from over 400 procurement leaders, and 34 executive interviews, the report identifies five core strategies shaping the future of procurement, including:

• Taking Initiative in an Uncertain Market: Less than half of sourcing professionals are taking immediate action against risk and volatility. Top performers aren’t waiting around; they’re actively reshaping their sourcing strategies to address supply chain messaging, supplier needs, and cost volatility before they escalate.

• Identifying Immediate Risks: By identifying the most vulnerable supply areas, organizations can proactively address disruptions and build more stable, flexible supplier networks. Industries like manufacturing, agriculture, and consumer electronics—each facing 25% tariffs on imports from Canada and Mexico—face heightened risk. Leading companies are prioritizing these and other high impact categories, expanding their supplier base, and strengthening sourcing strategies to mitigate cost spikes and shortages.

• Showing Up with Proactive Insights: Top performing organizations are turning market intelligence into a strategic advantage. While 36% of procurement teams still rely on basic internet searches to identify suppliers, industry leaders leverage specialized databases and benchmarking tools to uncover high quality supplier partners, bringing in new opportunities for cost savings and innovation.

Access the complete 2025 Best Practices for Alternate Sourcing Report for more insights and strategies to anticipate disruptions, secure alternative supplier networks, and maximize impact today.

Supplier.io continues to set the standard in supplier intelligence, empowering over 950 companies worldwide to turn procurement strategies into a competitive advantage. To learn more about how leading procurement teams are navigating today’s challenges visit www.supplier.io.

About Supplier.io

Supplier.io is the leading provider of supplier intelligence, helping organizations track, manage, and measure the impact of their sourcing strategies. The platform offers advanced data and insights that drive smarter business decisions, improve supply chain visibility, and support responsible and sustainable sourcing initiatives. With powerful technology and deep expertise, Supplier.io empowers businesses to build more resilient and impactful supplier programs. For more information, visit www.supplier.io.

Fonte: Business Wire