Public health officials around the world are scrambling to understand, track, and contain a new virus that appeared in Wuhan, China at the start of December 2019. Thus far nearly 500 people have died, mainly in the Hubei province. These are still early days, but a prolonged spread of the infection can begin to have a significant impact on global supply chains.
Contract management is a time consuming, manual process in most organizations. Procurement executives are constantly challenged by issues relating to process efficiency, transparency, quality, and compliance. CLM can help forestall inefficiencies.