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Procurious: Procurement teams being forced to "cut corners" -…
Procurious: Procurement teams being forced to "cut corners"
External Pressures
Pandemics
Wars
Supply Chain
More
Quickly
Effectively
Cope ongoing pressure of
disruptions
Stock-outs
inflation
windespread political instability
Pressuring Procurement
Inflation
Supply chain ddisruptions
Shortages
Pressure
Centripetal force
Economic
Geopolitical
Prioritising (56%)
Bussiness continuity
Operational resilence
46%
Customer satisfaction
Service
Experience
Lower Standards
Unexpected quality
Ethical
Sustainability issues
Cutting Corners
Regulatory fines
Penalties
Damage organization brand
Procurement team
Investment
People
Processes
Technologies