In the age of digitization and global pandemic, diversifying supply chains is on the top of every public procurement official’s growing to-do list. The Coronavirus pandemic has turned Central Procurement Officers to local and regional supply chain solutions. Read more “Small Business and the Shift to Regional Supply Chains”
In a report released in late April , IBM’s Institute for Business Value weighs in on how organizations can reduce vulnerabilities through smarter supply chains. As supply chains start to react to the pandemic and deploy permanent changes in their processes, how can procurement officials brace for the change?
In this post we explore what changes supply chains are anticipated to make, and what those changes mean for public procurement officials. Read more “Black Swans: Anticipate Your Supply Chain Reactions”
The COVID-19 pandemic has not merely disrupted production in the supply chain, it has, at times, temporarily stopped it. Preparing an anti-fragile supply chain for the future should be at the top of every public procurement officer’s recovery list.
The World Health Organization has declared a global state of emergency due to the outbreak of the Coronavirus (COVID-19). The ramifications of the travel bans relating to the outbreak and slowed manufacturing due to shortages of labor and raw materials means vendors in your supply chain may be affected.
To learn more on what to expect and recommendations on managing risk in the supply chain, keep reading.
Thirty-Five years ago, when the Value Chain Model was first introduced, procurement was viewed narrowly as cut and dry cost savings. But as suppliers become more citizen-centric, central procurement officers (CPOs) need to become more value-aware of procurement’s unique position. Public procurement should no longer be viewed narrowly for cut and dry cost savings, but for the additional value the procurement process can add as a strategic partner. Read more “Back to the Value”