Edmund Zagorin, Founder and CSO, Arkestro This content does not express the views or opinions of Spend Matters. “Never waste a good crisis” is a phrase worth pondering in the realm of digital transformation for supply chains. Historically, major companies neglected supply chain transformation and digital investments until global disruptions, such as the Covid pandemic, forced a change. Previously, efficient performance satisfied stakeholders, with suppliers delivering on time and in full. However, recent crises — from the pandemic to geopolitical upheavals like the Suez Canal blockage and the Ukraine conflict — have exposed the fragility of supply chains built on Just In Time (JIT) principles. These disruptions have highlighted the need for resiliency over sheer efficiency. Amid these challenges, there lies an opportunity: supply chain crises can catalyze buy-in and funding for much-needed transformation initiatives. This article explores critical frameworks that procurement and supply chain teams use to implement transformational projects, ensuring long-term benefits beyond immediate crises. I’ll explore these topics further at our upcoming LinkedIn Live event on Thursday, Aug. 22, at 10:00 AM PST. Why digital procurement transformation stalls: Overcoming key bad practices It’s worth asking why it often takes a crisis to implement transformational change in […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
