Our latest UK Consumer Sentiment Research, reveals that optimism for an economic recovery in the UK has reached its highest recorded level during COVID-19, having almost doubled since November 2020. The majority of vaccinated consumers expect routines to return to normal by the end of 2021 and say finances are already back to normal. As... Read more The post McKinsey analysis: How is UK consumer sentiment changing – and what does it mean for marketers? appeared first on Marketing Tech News. [...]
Thu, May 06, 2021
Source: Marketing Tech News
Resilience offers a competitive edge to organisations by helping them be more agile Volatility and disruption have become the new norm and organisations who intend to thrive in this new era need to embrace agility and get a clear resilience strategy in place. As organisations become increasingly agile, third party risk management cannot be treated as a separate activity – risk is one of many factors considered across all decision-making relating to third-party spend. But…! What we don’t want, of course, is for the pendulum to swing so far that it hampers the kind of risk-taking necessary for growth. The sweet [...]
Fri, Apr 30, 2021
Source: Procurement Leaders
While we are all aware of the importance of resiliency, there can be some ambiguity as to how that concept can be translated in to plans and actions that truly strengthen supply chains and de-risk supply; those real-world actions and plans were the focal point for the speakers on day two. While there were numerous themes that came out of today’s sessions, I will focus on three takeaways that illustrate how teams can act towards being more resilient. Strong, empathetic leadership is a must-have element The strength of those in leadership will always be recognized as a key component of why organizations [...]
Thu, Apr 29, 2021
Source: Procurement Leaders
For all those procurement functions turning their organisations into resilient entities, here are our three key takeaways of day 1 of our Innovation:In: Resilient supplier networks virtual event. Virtually every speaker touched upon the topic of visibility, not surprising as we have been talking about it for years. However, the weight we put on it has changed significantly. Areas with no supply chain visibility are now flagged as ‘risks’ rather than a ‘tactical issue’, and as our visibility increases, proactive risk management becomes the norm. More interestingly, we are learning about additional benefits and considerations of this improved visibility. Pranav Padgaonkar, Senior [...]
Tue, Apr 27, 2021
Source: Procurement Leaders