Are you feeling it? According to research from Accenture, 81% of supply chain leaders say the pandemic has been their organization’s greatest stress test. Similarly, a Coupa report found 63% of chief procurement officers say their organizations still feel a significant or extraordinary impact from the pandemic. Supply chain issues and inflation are just two business concerns testing organizations today. How can procurement tackle these challenges? Find out below.
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It’s been almost two years since COVID-19 turned our world upside down triggering supply chain shortages that continue today. While some of these shortages may be due to poor planning, most of the supply chain problems are due to a cascade of bottomless events creating major strains on worldwide distribution channels, the most extraordinary being the labor shortage. Now more than ever, procurement leaders are teamed up with their HR counterparts leveraging cooperative purchasing to help attract and retain talent.
