As demand has been outpacing supply, manufacturers need radical changes in their procurement processes to ensure resilience. A recent McKinsey survey found that 93% of procurement executives are prioritizing flexibility, agility, and resilience of their supply chains.

Purchase managers of manufacturing firms still struggle with core challenges such as over-reliance on periodical replenishment of inventory, and stocking low inventory, improper and untimely supplier rationalization and more.

This whitepaper is a practical guide to demystify how manufacturing procurement teams can prepare for long-term uncertainty and build resilience.

Key Takeaways:

• 4 Trends driving the manufacturing sector's procurement priorities
• 5 Factors to ensure optimal supplier collaboration
• 'Recent' and 'Timeless' challenges faced by manufacturing procurement teams
• 3 Case studies of how partnering with Zycus helped organizations save millions!