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Supply chain managers 'helping to promote growth following recession'

9 March 2012

Supply chain staff are playing an increasingly prominent role in helping global businesses to pursue growth following the recession.

Business technology firm CSC has published its annual Global Survey of Supply Chain Progress, revealing that procurement staff worldwide are currently making efforts to aggressively manage costs and create a flexible supply chain.

Over recent years, purchasing divisions have played a vital role in helping to stabilise companies by slashing expenditure and promoting better customer service, with businesses that have made the right strategic choices with procurement now emerging as leaders.

These include organisations with high-quality, transparent data, firms that have invested in new technologies and planning systems, and those that are flexible enough to respond to needs and opportunities in a timely manner.

The report said these can be considered "major factors for businesses in successfully growing market share as the economy rebounds".

Last month, procurement services provider Achilles published analysis showing that many top British businesses are also making a priority of eliminating risks from their supply chains.

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Categories: Functional Practices, Procurement & Supply Chain

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