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The Big Interview with Nathalie Adotevi

Procurement Heads

In this really challenging environment, more emphasis has to be put on supplier risk management and building strong relationships with critical and strategic suppliers. It requires so many different skills: commercial, financial, stakeholder management, project management, influencing … the list goes on.

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The Big Interview with Nathalie Adotevi

Procurement Heads

In this really challenging environment, more emphasis has to be put on supplier risk management and building strong relationships with critical and strategic suppliers. It requires so many different skills: commercial, financial, stakeholder management, project management, influencing … the list goes on.

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How to build a successful risk mitigation strategy

IBM Supply Chain Blog

The best approach for this first step is to heavily document each of the risks and continue the documentation throughout the risk mitigation process. Bring in stakeholders from all aspects of the business to provide input and have a project management team in place.

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How To Create An Agile Finance Function

Planergy

Finally, another valuable part of agile is reflection and review, with all stakeholders responsible for finding ways to become more effective while still maintaining proper risk management processes. Adaptability – From performance management to project management, agile finance requires a paradigm shift.

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Business process management (BPM) examples

IBM Supply Chain Blog

For example, BPM is smaller in scale than business process reengineering (BPR), which radically overhauls or replaces processes. Conversely, it has a larger scope than task management, which deals with individual tasks, and project management, which handles one-time initiatives.

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The Discovery of Procurement Value

The Good Spending

The fight for discounts will lead to applying either of three project management levers - Time, Budget, or Scope - and the inevitable quality deterioration. Risk management is the future of the procurement profession, alongside relationship management. Procurement directly affects brand values, especially Quality.