February 27th 2020 feels like a lifetime ago now. I was at Manchester Airport presenting a seminar to school business managers at the Radisson Blu Hotel.
My procurement seminar was all about negotiation, one of my favourite topics of discussion.
In my seminar I explained the laws of supply and demand and the impact supply and demand had on price.
At the time I used the price of limes on New Years Eve as my example. If I delivered my seminar again I would use toilet rolls.
Little did I know, (when I wrote the seminar) just how relevant my seminar was going to be against the tsunami of price hikes, driven by a global pandemic.
Indeed I received direct feedback from an attendee that my seminar had proved 'invaluable' to them during the first national lockdown.
To this day, I'm unsure why the public chose toilet rolls to make them feel safe. Hoarding pasta, flour and tinned tomatoes makes more sense.
Hopefully all the attendees at my seminar put into practice what they learnt on that day, when the world was still normal.
About the Author
Naomi Clews is a procurement and supply chain expert who writes and delivers procurement training and procurement seminars to help her clients Get Procurement Right!
Naomi Clews Consultancy
Procurement, Tendering, Business Skills