Global Procurement Markets
How procurement markets evolve across geographies, sectors and market structures.
View programResearch Area 07
Markets, Procurement
& Human Commerce
Markets are more than matching engines.
We research how people, organisations and markets work together in global commerce — combining relationships, trust, constraints, negotiation, evidence and execution.
MarketResearch directions
IndustryCollaboration pathways
GlobalReal-world research
From intent to impact
The market decision map.
Procurement decisions sit at the intersection of many factors. We study how these elements interact in real markets and influence better outcomes for buyers, suppliers and societies.
Explore our approachProcurement
Decisions
Decisions
Buyer Intent
Needs, constraints, objectives
Supplier Capability
Capacity, reliability, innovation
Price & Landed Cost
Total cost, risk, currency, tariffs
Quality & Timing
Standards, compliance, delivery certainty
Trust & Evidence
Reputation, data, track record
Relationship State
History, alignment, future potential
The Procurement Journey
From need to lasting value.
We examine each stage of the procurement process, identifying what works, where frictions arise, and how people and technology can deliver better outcomes.
1. Define Need
Objectives & constraints
2. Discover
Find suppliers & solutions
3. Qualify
Assess capability & risk
4. Compare
Evaluate options & total value
5. Negotiate
Align terms & manage trade-offs
6. Execute
Deliver & monitor performance
7. Learn
Capture outcomes & improve
Public Research Programs
Five programs for more open, resilient markets.
Supplier Development & Inclusion
Pathways to more diverse, resilient and innovative supplier ecosystems.
View programSustainable & Responsible Procurement
Environmental and social impact in global supply chains.
View programProcurement Innovation & Practice
New models, tools and organisational practices for better outcomes.
View programPeople and machines
Stronger together.
Machines bring scale, speed and pattern recognition. Human judgment brings context, experience and trust. We study how both contribute to better procurement decisions.
Explore researchWhere machines help
- Search and discovery
- Data analysis and market intelligence
- Risk screening and compliance checks
- Price benchmarking and scenario modelling
- Monitoring and anomaly detection
Where human judgment is essential
- Defining needs and success criteria
- Evaluating supplier relationships
- Handling complex trade-offs and constraints
- Negotiating and building agreements
- Managing change and long-term partnerships
Discovery, fairness and trust
Fairer markets. Broader opportunities.
We research how search, ranking and discovery systems can make global markets more open, transparent and fair — increasing access for qualified suppliers and better outcomes for buyers.
Explore researchMore equal access
Help capable suppliers be found
Transparent ranking
Clearer criteria and explanations
Reduced bias
Mitigate structural disadvantages
Greater market resilience
More diverse and competitive supply bases
Key Research Questions
Questions we are exploring.
How do procurement markets evolve?
What market structures, policies and technologies lead to more open, competitive and resilient procurement markets?
How can we measure value more completely?
Beyond price, how can we evaluate the true value of suppliers, including risk, sustainability and long-term performance?
How can procurement be more inclusive?
What interventions help more SMEs and diverse suppliers participate and succeed in global commerce?