SupplyChain Magazine January 2021 | Page 31

Supply Chain Digital explores the state of risk management across global supply chain networks

The truth is , procurement never really did have an easy go of it . It ’ s a tough gig . Those who procure build a tough skin , impenetrable by the daggers , launched from all directions . Production , sales , quality control , management , the list of stakeholders procurement needs to appease is a long one . The challenges faced in ensuring you buy , and they deliver , the right item , at the right time , in the right quantity , and of course , at the best possible price , have always been great . And yet , they ’ ve just gotten greater .

Adebayo Adeleke , a leader in the supply chain risk management and geopolitics arena , warns , “ While the landscape of risk has never remained static , 2020 brought an onslaught of new threats , most notably at the intersection of geopolitics and cybersecurity . For those looking to remain viable , fortifying your defences by increasing visibility , unearthing threats , and responding with robust mitigation efforts and action plans is no longer an option .”
31 supplychaindigital . com