Pandemic supply-chain risk, sourcing and deglobalisation with Peter Smith – Episode 8

What skills will be in demand out of lockdown? Which industries will thrive and fall in procurement? How will outsourcing abroad change? How do I stay ahead of the game? 

In this series of short bonus Talent Talks episodes, Martin Smith interviews leading procurement professionals from a range of brands about their views and experiences on the effects of the current COVID-19 pandemic.

This week Martin welcomes Peter Smith, former CIPs President, with 30 years experience in procurement, author of “A Procurement Compendium and Managing Director of Procurement Excellence. 

This episode of Talent Talks covers:

  • The effect of COVID-19 on different industries
  • Skills that will be in demand out of lockdown
  • Supply-chain risk management
  • De-Globalisation and outsourcing from abroad
  • Advice for those looking for work

Links & References:

Episode Highlights:

“There’s going to be more focus on supply chain risk. If it’s not top of any organisation’s agenda, it probably should be. But I think every organisation is going to be saying to their procurement teams “what is our position in terms of risk? What are we buying from, from what countries? How dependent are we on a few key suppliers and key categories?” Peter Smith – 5.33

“I’m not saying global trade has peaked forever, but I think we will look back on 2019 as a peak in global trade. I think government departments and private sector firms will be looking at what they want to have as a domestic UK, German or American supply. I think it will be a slow drip away from China.” 8.26

“I think the pandemic has secured our future for several years at least, due to supply-chain risk, sourcing and deglobalisation”

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