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Supply Chain Graphic of the Week: Strategic Recommendations for Procurement Post Pandemic

 

McKinsey Now is Time to Reimagine the Procurement Function

 

 

Oct. 29,  2020

The COVID-19 pandemic is creating a new normal across society, business and supply chain.

 

When it comes specifically to Procurement, the consultants at McKinsey recently provided some ideas for "re-imagining" procurement, as summarized in the interesting graphic below.

 

 

In the related discussion on resilience, McKinsey notes that post-pandemic, "Business-continuity planning has taken on a new meaning, designing contingencies not just for a single supplier plant to go offline, but for entire countries to be inaccessible."

 

Any reation to our Supply Chain Graphic of the Week? Let us know your thoughts at the Feedback button below.

 

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