Enhancing 2021 Procurement Strategies by Leveraging the “New Normal”

With the supply and demand for services and materials constantly shifting, organizations increasingly rely on procurement experts to provide flexibility, resilience, and creative solutions for today’s evolving business environment. Fortunately, organizations can use these challenges as an opportunity for enhancing procurement strategies and driving long-term value.

Key insights from this whitepaper include:

• Managing procurement risk and ensuring supply assurance as central elements of operational success

• Evaluating remote work: while feasible, determining when it supports optimal outcomes

• Adapting procurement processes to meet stakeholder requirements more effectively

• Shifting procurement’s role from primarily cost-saving to becoming a strategic advisor and essential partner for the business

By embracing these insights, organizations can strengthen their procurement capabilities, create more resilient operations, and position themselves for sustainable growth—turning today’s uncertainties into opportunities for enhancing procurement impact.