With our Q4/2023 Pulse Check, we aim to gauge the current sentiment within the procurement and supply chain environment, focusing specifically on inflation expectations and the sustainability maturity level within organizations. With 108 surveyed experts across C-level, managerial, and professional positions, this report provides a comprehensive overview of the current state in procurement and future trajectories. This report presents The Procurement Initiative's findings, reflecting on the challenges facing procurement and supply chain managers, and highlighting best practices.