TCS Colleague Kevin Benedict recently interviewed expert Joe Carson, CEO of Spend Strategies LLC, (former Chief Procurement Officer of both Micron Technologies and Lucent) to further explore how the pandemic is impacting global supply chains and risk management strategies today and in the future. The interview can be found Here. I wanted to make my Blog audience aware of this insightful conversation. They explore the following questions:
What is the scope of the challenge procurement organizations are facing in high tech as a result of the COVID-19 pandemic?
What are the weak links in global supply chains that COVID-19 has exposed?
What are the steps procurement organizations are taking today in high tech to deal with these problems? What is happening behind the curtains?
What have procurement organizations learned from COVID-19?
Post COVID-19, how do you anticipate procurement organizations changing their strategies? What will they do differently to prevent some of the problems they are facing today?
How might organizations change their supply chain and risk management strategies in the future?
Many companies have supply chain risk management programs in place – were those programs sufficient?
How might companies improve supply chain risk management programs in the future to avoid some of the issues being exposed today?
Post-pandemic – where should procurement organizations start making improvements first?
Enjoy the conversation.