procurement – The Logistics Point

Up to $4 trillion in revenue may have evaporated in supply chain disruptions

March 24, 2021March 24, 2021Nikolay BozhilovLeave a Comment

64% of U.S. and European companies report supply chain disruptions led to revenue losses from 6% to 20% in 2020 and significant damage to company’s brand Future supply chain disruptions expected, driven by geopolitical and trade issues, commodity price uncertainty, and cyberattacks Major shift in global supply chain strategy as redundancy and resilience deemed more […]

Procurement drives sustainability across the supply chain

March 22, 2021March 22, 2021Nikolay BozhilovLeave a Comment

Arun Xavier, Category Director for Logistics and Supply Chain at GEP Sustainability projects across the supply chain have drawn the attention of executives and consumers in the last year. COVID-19 has had a massive impact on the way organisations as well as everyday people see the world. In crisis, when supply chains are shifting and […]