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Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience

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Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Work to achieve 100% supply chain visibility.

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The Coronavirus Is Shattering Traditional Supply Chains

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Retail shops and eateries everywhere saw their business drop off precipitously. A March 11 analysis by trading platform Forex.com claimed that nearly 75% of all companies had already reported supply-chain disruptions, with more than 80% believing that at some point they would experience impacts as a result of COVID-19 disruptions.

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Government Contracts Inflation Update

Procurement Notes

8] Additionally, “[t]he PPI program covers approximately 72 percent of the service sector’s output[.]” [9] The PPI focus is at the wholesale (not retail) level. Supply Chain Realignment Generally speaking, going into 2023, supply chains have significantly improved, alleviating some of the inflationary pressure caused by previous disruptions.