The perfect storm is a consequence of the pandemic. We are all in it. My article surrounds how to combat and overcome our perfect storm of cost increases and explains why, to do so, procurement must establish a good relationship with suppliers and be properly informed about the suppliers’ cost challenges. And we all need to work together to mitigate the effects of the perfect storm. True, we cannot remove our volatile cost challenges, but our effort to collaborate and smooth the bumpy road ahead might be more valuable than the money we are spending.
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