Supply Chain and Procurement: Leading in the New Reality
Global supply chains have been hit by unprecedented workload and, as such, companies have had to adjust their operations and identify opportunities to stay agile. In this environment, the most resilient businesses are taking the time to evaluate their strategy, both for how to manage cash and for how to build robust and resilient supply chains. It has become even more critical to have the systems in place to manage business spend and optimise processes so that budget can be prioritised and invested where it is most impactful.
Thriving in the ‘new normal’ will depend on leveraging industry data and benchmarks, digital initiatives and alternate solutions for inefficient paper invoicing and other manual, low-value transactional processes. Investing in digital technology can also enhance our ability to gain holistic spend visibility and control.
- What challenges are organisations in the Nordics facing in the supply chain area? What strategies are being put into place?
- How can businesses navigate the pandemic’s economic impact, while positioning themselves for new opportunities as economies begin to rebound?
- How can procurement, IT and finance leaders optimise technological investments to protect themselves against third-party risk, increase back-office and factory efficiencies, and control spend globally?