As soon as the pandemic hit in early 2020, it was clear that global supplier management processes would need to transform abruptly and permanently.
If you’ve found your business’s sourcing and procurement ensnared in the pandemic panic, you’re hardly alone. Of nearly 200 executives responding to a recent Harvard Business Review Analytic Services study, 95% reported disruption of their strategic sourcing and supplier management processes due to the effects of the Covid-19 pandemic.
These processes were already overdue for an update. The overwhelming majority (92%) of global…
