A procurement leader reflects on four years of supply-chain chaos, explaining how COVID forced companies to abandon single-source reliance and move strategy from warehouses into boardrooms. He runs twelve live markets, each needing its own supply-chain model, yet many decisions still rely on gut feeling rather than data.
So very relevant question because last 4 years in terms of the procurement sourcing overall supply chain has been concerning fun. Why? Like, you know, I will always sum it in one word. We were, we have been romancing the chaos. So, so definitely, you know, and it's a great learning lesson, but because of that supply chains has moved out of warehousing to the boardrooms now. So that, that, that, you know, great, great leap. So if you see the COVID part of it, which actually just came to teach us that how the contingency, whole contingency planning has to be based out of it, and you really cannot put all your eggs into one basket because if the basket bursts, then, then something really wrong can happen to you. And 70%, 60% of the decisions are getting made by the gut feelings. So definitely one thing is very clear that one size doesn't fit everywhere. I, I, we have 12 live markets and we have 12 different supply chain models in 12 markets because it's not fitting well there. So I'm saying it's concerning, fun, tricky, whatever you call it is, but definitely it's a very learning situation.
