The current COVID-19 crisis has witnessed the gradual shutdown of the world economy piece by piece, and in an interconnected world where supply chains are truly global, the close down of manufacturing has caused some of these chains to break, albeit temporarily. The coronavirus pandemic has revealed vulnerabilities in global supply chains, and with China being the first to shut down, has highlighted the dangers of “over-reliance” on a single manufacturing hub and the necessity to understand and mitigate the risk of […]
The role of procurement has changed drastically since the value of strategic procurement was initially identified. In the wake of Covid-19, the focus has now moved to Supplier Relationship Management. Procurement was once viewed as an admin function, with the Buyers’ role limited to placing orders and expediting deliveries; deals were made over a conversation and a handshake. In recent decades the value that effective, strategic procurement can add has […]
Organisations have seen a seismic shift in the last few weeks when looking at the way employees interact and operate both internally and externally. Some herculean efforts have seen businesses set themselves up with new technologies and new ways of working as they adjust to remote working. The transition to homeworking or furlough was, and continues to be challenging however the task of restarting businesses will […]
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