23 Apr 20

Simply doubling down on cost reduction won’t be a sustainable solution

Simply doubling down on cost reduction won’t be a sustainable solution

By Mel Shutes, Head of SRM, State of Flux 

The last few weeks has seen countries, businesses and most importantly people facing unprecedented challenges. For us, what is becoming evident is the ability of people and businesses to respond to these challenges and adapt rapidly to what for some time might well be the new normal.

At the time of writing this in a surreal state of lockdown in the UK and conducting interactions with colleagues and clients via video conference rather than face to face it makes me realise how adaptable and creative we can be when pushed. However, this is nothing compared to what some organisations have achieved in reshaping supply chains and business models to both maintain vital supplies and protect their businesses.

Read full blog here: https://blog.stateofflux.co.uk/blog/simply-doubling-down-on-cost-reduction-wont-be-a-sustainable-solution

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