The COVID-19 pandemic has left a huge negative impact on the global economy. At these uncertain times, the c-suite alone cannot prepare an organization for this pandemic, there is much that procurement leaders can do to lessen the impact.
They can play a powerful role by providing information and guidance to get ready for what is waiting at the end of this pandemic.
Procurement leaders, by default, are on the front line. The procurement team needs to identify and meet organizational needs swiftly. While the immediate threat is ensuring operational effectiveness, since all stakeholders work remotely, a lack of appropriate action will lead to an unimaginable supply chain collapse.
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