Supply Chain Risk Management and Contingency Planning

Supply Chain Risk Management and Contingency Planning

If there is one thing that people worldwide have learned from the COVID-19 pandemic, it is that you can never be too prepared. Moreover, it is impossible to know what the future holds, so planning and management are crucial. The same applies to businesses. As you know...
Nearshoring

Nearshoring

What is Nearshoring? Nearshoring is the practice of outsourcing to a country that is physically close to your own and has a time zone that is expected to be within 1-3 hours of your own. In the context of western European organizations, this term is frequently used to...
Top 5 procurement predictions and trends in 2022

Top 5 procurement predictions and trends in 2022

2020 started in the same way as any other year. Normal operations continued, with high hopes and a few hiccups anticipated to keep everyone on their toes, as was the case in the past. Then came the arrival of the new normal, which fundamentally transformed our...