Supply chain resilience and partnerships key to economic recovery
Now is the time to develop a supplier development strategy to bolster small supplier resilience
A key role of the state is to protect the wellbeing of its people — most importantly and visibly during emergencies such as the recent outbreak of the Covid-19. However, amid the growing uncertainty and the fiscal weakness that SA finds itself in, the state is unable to do enough to support industry and preserve consumer spending power.
“From spending on health care to stimulus packages to fund business continuity, the government has its task cut out for it, and without the support of our smart and well-managed private sector, there is not much hope of recovery,” said Peter Bruce during a panel discussion on recovery strategies for struggling supply chains post-Covid, hosted as part of the Absa Business Day Supplier Development Dialogue Series, presented by Fetola, Cold Press Media and Arena Holdings...
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