As countries strive to lower their carbon footprint and geopolitical tensions escalate, governments need to play a significant role in boosting nascent industries and regional supply chains. While this shift may increase procurement risk, it also calls for a balance of risk management between governments and industry to build effective supply chains. To thrive in the ever-changing energy industry, Rystad Energy strongly recommends that companies prioritize procurement functions within their corporate organization – and that governments enhance their trade and industrial market intelligence. Procurement plays a vital role in leading…
