Procurement's prepartion for the second pandemic peak

The past 18 months have been challenging for procurement professionals. Kudos to those who maintained supply lines and kept their companies viable and their customers happy. Your creativity, professionalism, and commitment are the hallmarks of the profession. We learn and evolve during trying times.

Before you get too comfortable drinking your morning coffee out of the commemorative "I Survived Peak Covid" mug, it's time to navigate the next phase in this pandemic. Let's call it the second peak, and it will take an all-out effort to get past this threat as well.

The days of maverick spend by non-procurement employees, understandable in a state of emergency, are over. You and your team are responsible for procurement, so take back control. While some areas of creativity and innovation can be used to modify processes that outlived their usefulness, it is important to focus on the business fundamentals. Reduce emergent and spot buys, focus on overall supplier performance, and be sure to follow established legal and law of agency guidelines. Reset expectations with your suppliers, and theirs.

Source: https://www.supplychaindive.com/news/how-to-prepare-for-the-next-pandemic-peak/603407/