Tom Woodham
“ TECHNOLOGY CAN REALLY HELP , BUT THE MOST IMPORTANT THING IS TO IDENTIFY RISK BEFORE YOU KNOW IT EXISTS ”
TOM WOODHAM , PARTNER , PWC
Tom Woodham
TITLE : PARTNER COMPANY : PWC INDUSTRY : PROFESSIONAL SERVICES LOCATION : UK
Woodham says “ my craft is the transformation of supply chain and procurement for PwC ’ s clients ”. He adds : “ The new challenges of the digital age give me the opportunity to work with amazing teams to reinvent companies to win in the future . “ As an engineer , I have a natural bias for problem solving and how to use new technology and ideas to drive improvement . This is an exciting time for supply chain and procurement , and an amazing opportunity to make digitally enabled transformational change based on new technologies like AI , automation and blockchain .” his audience that such strategies always come down to “ a trade-off between risk and cost ”, and he returned to the semiconductor shortage to drive home his point .
“ Will the UK ever be self-sufficient in semiconductors ?” he asks . “ No , I don ’ t think that will ever happen , but consumers will expect the country to take a balanced approach to sourcing semiconductors , maybe by turning to nearshoring .
“ It ’ s a similar thing to Europeans not wanting to buy fruit and veg from other parts of the world if they ' re not in season in Europe ,” he added . “ So , in that sense , supply chain strategy is driven by consumers .”
86 March 2023