The COVID-19 has been a wake-up call for CPOs that have realised that a resilient supply chain requires closer cooperation with their suppliers.

A recent study on the early impact of COVID-19 on the supply chain showed that a large number of respondents experienced a need to intensify their cooperation with their supplier network to manage their supply chain and financial risks.

CPOS identified several benefits of closer supplier integration 

  1.  Shared management of supply chain and financial risk to ensure resilient supply chain set-up
  2.  Working capital reduction and improvement of cash outflow
  3.  Productivity and cost-out
  4. Improved sustainability footprints throughout the value chain
  5. Increased innovation and quicker NPI (new product introduction)

How do you achieve succesful supplier integration? Read more in this ipaper.