With all things occurring in the world today, pandemics, natural disasters have led to larger times to manufacture/delivery, supply chain management—the processes, systems and ideologies are being challenged to think differently—particularly when it is involved in construction and operation phases of the asset lifecycle.
The lack of visibility of information regarding the assets/materials, missing information in asset registers and inventory systems, make it easier for procurement professionals to procure new rather than challenge the norm and procure from alternative sources (providing the materials meet technical and duty specifications).