Better public procurement management during supply chain slowdowns

Don’t expect supply chains to get back to pre-COVID-19 levels anytime soon. While analysts expect some improvement heading into 2023, inflation, global unrest, and talk of recession aren’t helping. About 97% of procurement executives in a May 2022 survey said that they’re still experiencing significant disruption.

Against this backdrop, public leaders need to mitigate today’s supply chain issues and build stronger procurement processes for the future. Since public procurement accounts for 12% of GDP, estimated at $9.5 trillion annually, even managing small process improvements can yield big results.

How can procurement management help ease the pressure on your ability to gain, and maintain, momentum?

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