Procurement is shifting from a back-office function to a strategic one. Companies are moving away from global sourcing toward regional suppliers, and they need detailed scenario plans for disruptions like factory shutdowns to stay resilient.
I want to say it's from globalization to regionalization as a very big trend for procurement. And also the procurement and supply chain, I think all of us felt the role we play from operational to strategic in the company, in the business has never been so clear. For example, if you have a factory at a part of the world and there's big things for you, And do you have a scenario of this factory will be shut down at a certain time and what's your plan? So it's more to the extreme level that you need to prepare the scenario and really make a plan for that. Yes.
