GEOPOLITICAL AND MACROECONOMIC ISSUES
Is procurement ready to face ongoing and future challenges?
A score of 3.1 suggests we’ ve made progress, but that resilience is still fragile. That concerns me.
Preparedness isn’ t a checklist, it’ s a mindset. Procurement must lead with scenario planning, supply chain intelligence and diversified ecosystems.
We need to go from reactive to proactive – and fast.
This reflects a natural and understandable middle ground. Weathering COVID and other shocks without fully built-out resilience strategies, means it’ s easy to assume the status quo is good enough.
But volatility is the new operating environment, and it’ s only increasing. While it’ s hard to argue for more investment when procurement weathered past crises admirably, leaders must reframe the conversation. Resilience isn’ t simply surviving the next disruption, but responding faster, smarter and seizing competitive advantage when new windows of opportunity open.
Michael Van Keulen Global Practice Leader Procurement Coupa
Nick Heinzmann Head of Research Zip
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