Some Purchasing Teams Beat the Challenges of the Pandemic – Did Yours?

We have been hearing of various companies surviving the pandemic by pivoting their processes and/or their products to a new direction. To do that, they had to capitalize on the relationships with their vendors. These relationships require more than “purchasing”, which is a reactive process. It is developed through “procurement” – a proactive process. We will discuss the difference between the two, and how focusing on the latter will better prepare you for future disruptions.