The Risks of Reactive Sourcing & Procurement
The last three years dealing with a global pandemic in addition to other supply chain shocks has put a spotlight on how effective certain supply chains are being managed.
The above impacts have shown being reactive is a poor “strategy”.
So, how do you become more pro-active with your supply chain management?
- Doing due diligence before sending out RFP’s
- Asking the right questions during an RFP process
- Include important stakeholders in the process