So far, we do not see a lot different. What are your thoughts?

 

Today’s post is by Ronald D. Southard, CEO at SafeSourcing Inc

According to industry sources, the supply chain issues we faced in 2022 were in the following six areas and that list could be expanded quite a bit based on individual industry dictates. All these areas ae addressed on our customers behalf each day that we source products and services for them. All can be mitigated, but you better have a sourcing partner that knows what they are doing. If you try to do it alone, best of luck.

1. Workforce and labor shortages
2. Capacity limits
3. Increased use of technology
4. Increased demand for local products
5. Production delays
6. Higher Costs and Prices

SafeSourcing is a Procure to Pay SaaS based provider of a number of e-Procurement solutions and associated white glove services that are part of our SaaS offered SafeSourceIt™ eSourcing suite. These include but are not limited to SafeContract™, SafePO™, SafeDocument™ and our SafeSourceIt™ Global Supplier Database that includes over 557,000 vendor/suppliers.

To learn more, please contact a SafeSourcing customer services associate.

 

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