In the face of deglobalisation, how are companies adjusting their sourcing strategies? Is talk of reshoring a distraction from more pressing risks? Join Art of Procurement’s Philip Ideson and Kelly Barner for a deep dive into what deglobalisation really means on the ground.
“Deglobalisation is a nice soundbite, but the reality is, we need more focus on risk management and mitigation,” said Ideson.
“You don’t just rebuild supply chains overnight. In fact, you probably can’t ever rebuild some of them because of the outsourcing of expertise to these locations.”
You’ll learn why:
- Deglobalisation is not the strategy, risk management is
- Diversification might be just an illusion
- You need people on the ground
- Small suppliers can create big risk
- Tail spend deserves more attention
- Procurement needs to educate and align
- Procurement and sales need to talk about price tolerance
Plus much more!
“If you look at what people are talking about, it’s: Oh yes, everybody’s going to near-shore, re-shore or friend-shore everything in the next 18 months,” added Barner.
“But when you talk to the operational people and look at the viability, the recognition of what can actually be done (and the best way to do it without disrupting the whole operation) is very different from what we’re all talking enthusiastically about doing.”
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