Advice to Procurement Leaders: Focus on What You Can Control

Procurement operates in an uncertain environment in which disruptions pose a constant threat to supply chains. While it is important to have these tactics in your playbook and prepare for external risks as much as possible, organizations should not overlook their ability to focus on what they can best control in procurement: supplier relationships. In this article, we examine the measures that procurement tends to use to monitor suppliers and highlight some less common measures that can help add a strategic edge to your supplier relationships.