The economic news is relentlessly bad - rising prices, rising inflation, credit crunch, falling house prices. So like any sensible purchasing consultant I have been dusting off material from the last slow down, looking to have answers for clients who want to know what to do during a recession.
However during the course I ran earlier in the week, the topic never came up (and only came up once in the previous course). Far more important to the delegates was the management of relationships with suppliers, and with customers.
Just a reminder to all of us that while it is good to be prepared, we can't focus on one issue when others might be more important - even if that single issue is the state of the economy.
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