Procurement Strategy’s Role in Guarding Against Supply Chain Disruptions
SCMDOJO
FEBRUARY 21, 2025
Logistics & Transportation Failures: Port congestion, rising freight costs, and fuel shortages. Increased costs due to emergency sourcing. Risk Reduction: A diversified supply base and contingency planning minimize disruptions. Regulatory Compliance: Ensures adherence to industry laws, ESG policies, and ethical sourcing.
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