Procurement and supply chain teams are making their mark across the world – especially in the Asia Pacific (APAC).

While organisations everywhere felt – and continue to feel – the brunt of COVID-19, nowhere were the conditions tougher and more volatile than across APAC. From early and stringent lockdowns to the severe impact on imports, APAC businesses were hit hard and fast. Many continue to feel the effects today.

Procurement’s response was quick and effective in the early days of the pandemic. The best teams were a significant competitive advantage. They mitigated risk, improved financial controls, built resilience, and most importantly, were instrumental to how their organisations navigated the single largest supply chain disruption ever.

This report explores what’s next for APAC procurement teams, how their contributions and approach compares to the rest of the world, and what procurement leaders can do today to consolidate trust with the c-suite and position their organisation for ongoing recovery.