Procurement Magazine W3 July 2026 | Page 142

STRATEGIC SOURCING
With these major fluctuations in FX markets, suppliers that can offer greater certainty through FX hedging and locked-in exchange rates are becoming far more valuable partners.“ The ability to reduce exposure to unpredictable currency movements gives businesses more control over costs and cash flow, while also strengthening long-term planning,” says Gary.
“ Helping businesses reduce operational complexity while improving speed, compliance, visibility and financial predictability across international transactions is what increasingly makes suppliers stand out as high performing.”
The blind spots When it comes to supplier performance, one of the biggest blind spots is the lack of visibility into supplier payment experiences beyond primary supplier relationships, something which PwC highlights in its‘ What’ s important to the CFO in 2026’ report; boards are pressing for greater visibility into second- and third-tier risks, especially vendors.
142 July 2026