The Failing Euro and it’s Possible Impact on Sourcing

Wednesday, February 01, 2012

The Failing Euro and it’s Possible Impact on Sourcing

There is a great article out on Spendmatter.com about the impact of the falling Euro on sourcing, procurement and supply chain strategies. Procurement professionals have to develop strategies to circumvent the damage the failing Euro has done to the economy. Contracts have to be rewritten, new sourcing strategies developed and currency hedging will be vital for a successful 2012 business year.