Prudent purchasing

Why the confidence? Because qualified, trained supply chain managers know all about risk, and what's important to keep supply chains moving. According to the Institute for Government, a third of total public expenditure - around £284.bn each year - is spent on procurement. Only then can decisions be made about whether savings are the best and only way to drive efficiencies in a department, or whether the real focus should be value across the supply chain and good risk mitigation? I urge professionals to monitor changes in supply chains, meet challenges head-on, and remain in control rather than letting sociopolitical and economic events take control of the procurement process.