THE ROLE OF STRATEGIC SOURCING IN THE FACE OF UNCERTAINTY

Gregor Stühler, Co-Founder and CEO at Scoutbee demonstrates how strategic sourcing can empower procurement to take control in times of uncertainty

WRITTEN BY: ILKHAN OZSEVIM

The pressing issue of strategic sourcing: “I think, if we’ve learned anything over the last couple of years,” says Gregor Stühler, Co-founder and CEO at Scoutbee, “it’s that nothing is certain, except perhaps, more uncertainty. Strategic sourcing can help build stable supply partnerships to keep organisations’ operations running smoothly in tumultuous times.

“It can also help when it comes to risk management, as closer supplier relationships help companies identify and resolve potential problems quickly, before they become major issues. This also involves seeking out alternative sources in case natural disasters, geopolitical events or other crises cause disruptions in the supply chain.”

The value strategic sourcing can provide to organisations

Stühler says that strategic sourcing allows companies to align their sourcing goals with