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The Covid-19 pandemic has greatly impacted the way in which supply chains are managed and operate. The closure of borders, government-imposed restrictions and increase in
The Covid-19 pandemic has greatly impacted the way in which supply chains are managed and operate. The closure of borders, government-imposed restrictions and increase in online consumer demand has increased pressure on supply chains. Imagine you are the chief procurement officer (CPO) of for an organisation based in Cape Town that sells tech gadgets locally and internationally. You have seen a spike in sales during 2020 and now need to plan accordingly going forward. 1. How can the following market research factors be applied to the scenario above - Commodity markets - Technology - The supply market for industrial products in South Africa - Inflation and exchange rates - Geographical and transport factors - Social responsibility in a developing local economy - Accessibility of global markets - The nature of the purchasing function
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