• Date

    Friday, 17 April 2020

  • Time

    14:00 - 15:00 (GMT +02:00)

  • Location

    Online

Global crisis and procurement: how to stay responsible while effective?

In these unprecedented times of societal and economic disruption, organisations worldwide are desperately looking for means to survive. With this in mind, suppliers can be pressured to lower their prices, to deliver faster, or to extend their payment dates. While giving your suppliers another beating seems like a quick win, the gains may be limited and fleeting.

In times of crisis, companies might need to consider other things than profitability alone. How can you keep practicing responsible procurement while staying effective as an organisation?

In this webinar, Prof. Finn Wynstra will review a number of productive and not-so productive ways to engage with your suppliers in times of crisis. Drawing on successful examples of crisis management and some core managerial concepts, we propose a number of practical ways organisations can work together with suppliers in dealing with the current challenges.