Technology Magazine December 2021 | Page 141

SAP says . “ At the same time they can provide the right answers to ethical challenges .”
Recently , SAP conducted an Agile Procurement Insights Research together with Oxford Economics . They discovered that roughly half of the executives interviewed said they do not regularly refresh their risk mitigation plans to address potential disruptions . Such outmoded plans do not reflect current business reality . “ We ’ re seeing the implications of it now with the global crisis ,” he says .
For Janoshalmi what was even more interesting was that only a third of those interviewed felt that either their procurement or supplier risk management capability was highly effective .
To achieve an efficient supply chain you need to keep a good inventory . In the research mentioned above , only half of the executives had real-time or near real-time
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