The global pandemic has taken a toll on the world’s supply chains and the situation isn’t expected to ease anytime soon. With nearly all Fortune 100 companies seeing supply chain disruptions from COVID-19, it’s clear that few—if any—organizations were able to avoid the pandemic’s wrath. Even those that may have made it through 2020 relatively unscathed were then met with an onslaught of supply chain disruptions that have yet to let up.
As they work to right the ship and plan ahead, procurement professionals are playing a dual role as “fixers” of the immediate issue and “strategic thinkers” who are helping their organizations develop more resilient supply chain strategies for the future.