As natural disasters continue to impact on manufacturing, supply and prices, ICT buyers need to shift their ethos towards buying for today and tomorrow.
Mercato Solutions estimates that 70 per cent of private and public sector IT buying for consumables, desktops and printers is conducted on a day-to-day demand or reactive basis. This is in the context of a highly volatile IT supply chain where price and stock change daily. When there is a requirement, the ICT buyer – who often multitasks as an IT manager or procurement champion – contacts suppliers, potentially benchmarks prices and makes a purchase. (more…)
At the start of the year, many businesses were still pursuing a policy of completely integrated supply chains. Few had given thought to what we now know as ‘high impact, low probability’ events. Then the earthquake and tsunami hit Japan. Our assumptions about the resilience of supply chains were shattered as its toll on the production of many different goods became apparent. We must now think very differently about single supply arrangements if that supplier could face major disruption. (more…)