To say that 2020 brought record global supply chain challenges would be a gross understatement. With COVID-19, trade wars, weather events, port congestion, and other significant upheavals, many companies saw more disruption in a year than they had seen in decades combined.

These disruptions brought with them supply chain management problems and challenges that didn’t exist before while magnifying others and exposing their weaknesses. Demand and supply planning teams found themselves working to overcome obstacles. Some industries saw the bottom fall out of their order positions, while others that supplied essential items experienced unprecedented growth.

 

Supply Chain Challenges

While many of these challenges were related to disruption alone, others were already on the horizon, highlighting the need to reassess and develop new strategies. Here is a look at some of the most significant supply chain challenge ...  >>

What do you think the future holds for procurement? And do you think your predictions line up with those of your peers?You can find out by downloading this overview of a recent Oxford Economics global survey involving more than 1,000 procurement executives and practitioners. It covers a wide range of topics that matter  >>