Supply Shocks in Procurement

Data & Technology
The topic focuses on how procurement responds to supply shocks, inflation, and pressure on reporting, ESG, and collaboration with suppliers.

Key questions and insights

How is procurement preparing for supply shocks and rising supplier prices?

In addition to price and savings, procurement also deals with data, risks, innovation, partnerships with suppliers, and internal collaboration.

What role do preparation and knowledge of the other party's needs play in negotiations?

Many companies are already doing some ESG activities, but do not have them sufficiently documented.

How can procurement better capture and describe ESG activities and reporting?

Careful preparation and knowledge of the other party's needs are important in negotiations.

Where do digital tools and AI help in procurement work?

Power BI, Copilot, or custom tools can help with reporting in practice.

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