Supply Management Daily

Is procurement at risk of ‘returning quietly to the back office’?

Procurement teams must demonstrate holistic value to the business, in order to prove its ability to contribute to organisational targets.

Despite the "bleak picture" a report has painted, only 3% said improving or refreshing their supply chain was part of their growth plans.

Political and economic events occurring around the pandemic, alongside rapid regulatory changes, are forcing automakers to "evolve" supply chains.

While buyers are losing faith in vendors' ability to deliver products, suppliers doubt buyers can effectively scale demand.

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