A crucial aspect of any organization’s drive to cut costs and increase efficiencies, the procurement department is wrestling with challenges across numerous different fronts right now. At a high level, the ongoing pandemic-related supply constraints are impacting order lead times and making it difficult for companies to get the materials they need to make their own goods.
Rising transportation costs, a truck driver shortage and capacity crunches in some modes are also interfering with what otherwise would be a “business as usual” process for many procurement departments.