Author's Posts

Digital Procurement in Manufacturing: Restore Growth and Ensure Resilience

Posted by: Damodar Sahu | April 30, 2021

Forty percent of companies surveyed in GEP’s The Business Costs of Supply Chain Disruption report claim they experienced measurable damage to their brand image because of pandemic-related supply chain disruptions. Another 36% of organizations survey claim cyberattacks on supply chains are a growing concern. In total, the report estimates revenue losses due to supply chain disruptions to be as high as $4 trillion.