routes , he also addresses that nearly all companies have felt the effect of shortages of semiconductors or other scarce commodities , components or parts because of the Russia-Ukraine war . “ Both services and manufacturing companies tell us they are increasingly concerned about geopolitical risks and , when asked to expand further , they often highlight the risk of further war , shipping and logistics disruption , and government elections . This year is unique and historic in that there are 64 countries voting to elect a new government across all regions of the world ,” she adds .
“Risk management can be the difference between success or failure as modern procurement teams become responsible for all third party relationships ”
NICOLAS WALDEN ASSOCIATE PRINCIPAL AND UK AND EUROPE PRACTICE LEADER , PROCUREMENT ADVISORY , THE HACKETT GROUP
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