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Tag: Business Contingency Planning

Understand the importance of Business Contingency Planning in procurement. Learn how to develop strategies to mitigate supply chain disruptions, ensure business continuity, and minimize risks.

A buyer lacking Business Contingency Planning in Procurement decision

Business Contingency Planning (BCP) in Procurement

  • Fredrik Axelsson
  • 2024-08-03
  • Procurement management
To a procurement function, the unexpected is the only constant. Natural disasters, political unrest, pandemics, and economic fluctuations are just a few examples of crises that can disrupt the operations of a...
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The LHTS blog supports buyers, procurement teams, and growing companies with practical procurement knowledge. Articles are connected to the wider Learn How to Source ecosystem and help readers build stronger structure, methods, and sourcing capability over time.

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