As we look around the world today, every country is affected by the pandemic. People are experiencing significant disruptions in lives and economies. There are major shifts taking place globally today to which procurement must respond. Value chains are becoming more intricate and volatile, with increased risks and opportunities that accompany such complexities.
But we are a resilient company. Here we have an opportunity to transform from an enabler of cost reduction to a creator of sustainable competitive advantage. We have implemented a best in class, modern procurement function that will support the broader transformation of ANSA McAL’s value chain. This includes identifying and capturing significant cost savings opportunities with the Group’s existing commercial practices and supply chain operators, including opening relationships with new partners to fuel increased opportunities.
Our team has experience across procurement, commercial practices and supply chain operations at multinational consumer goods companies and will enable them to make a strong leadership contribution to this essential part of our business. We have established a cross functional response team to continually assess and plan for the impact of the global pandemic and to protect employee health and wellbeing and that of our customers and partners.