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The Impact of COVID on Supply Chains

Date posted: Nov 27, 2020
Estimated read: 1 min
Author: Mille A. Høst

The impact of the Coronavirus on supply chains has been rapid, and it's affected businesses worldwide. Connecting digitally has been vital to minimize disruption.

 

Cloud-based strategic sourcing platform, Scanmarket has been helping its customers to manage their businesses during the pandemic and to become more efficient while reducing future risk.

Scanmarket is a global provider of strategic sourcing software for hundreds of organizations around the world. Since the COVID-19 crisis, we've seen a shift in attitudes to negotiating and a new willingness to embrace the online marketplace.

“The impact on the businesses has been huge, and Scanmarket has helped our clients digitalize their processes and create awareness and transparency in order for them to be able to mitigate the risks that they’re facing,” said Scanmarket’s CEO Betina Nygaard.

For Scanmarket, transparency and data awareness are the keys to helping businesses thrive. Scanmarket CEO Betina Nygaard says, “The expensive part is the change management part, and it has actually been done cheaper than it would have been pre-COVID.”

Data analysis, efficiency, and transparency is really the center of everything we do. The better we get at doing that, the better we will become at forecasting and mitigating risks and optimizing our processes to make good informed decisions in the future.

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About the author

Mille A. Høst
Senior Director of Consultancy

Mille Albæk Høst is Scanmarket's Senior Director of Consultancy. Since she joined our team in 2011 Mille has been part of every aspect of Scanmarket's consultancy across every module of the platform including training, supplier management, strategy, Fully-managed events, implementation, customer support and product roadmap development among others.

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