There have been plenty of challenges in the past few years, but the Covid-19 crisis is different. It has reached every consumer without discrimination, sending a shockwave up the supply chain to affect every company worldwide.
Now is the time for them to act to protect themselves for the future. “With access to the right data, companies can react quickly to manage their risk and their costs,” says Alun Rafique, CEO, Market Dojo. “Procurement are the new heroes, saving their organisations cash when sales are dropping.”
There are three important areas where procurement software provider Market Dojo has seen businesses focus during Covid-19:
• Optimising cash flow
• Collaborating both internally and externally
• Improving supply chain resilience