Procurement Risk register
ABC of Procurement
MAY 29, 2023
Does procurement really need a risk register? Let us try to answer those questions The post Procurement Risk register first appeared on ABC of Procurement. What are we going to put there?
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Risk Management in the Procurement of Innovation
ProcurePort
DECEMBER 29, 2021
In the procurement of innovation, at least one aspect of the whole process carries some uncertainty. This is the origin of risk in any procurement process. The challenge for managers is to identify the risk for all parties involved and quantify it.
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What is the importance of risk management to procurement?
ProcurePort
NOVEMBER 10, 2023
Holistic Risk Management Approach: Proactive Identification: Implementing proactive measures to identify and assess diverse risks, ranging from supply chain disruptions to market fluctuations, regulatory changes, and operational inefficiencies. appeared first on ProcurePort Blog.
Managing risks, priorities and talent: Nestlé’s approach to the polycrisis
Procurement Leaders
JANUARY 16, 2023
But they all come, to me, under the category of risk. ” Stoup spoke to Tim Burt, community advisor at Procurement Leaders, to discuss the current environment, and the factor she considers to be most important during turbulent times – people. Leaders across the enterprise now recognise procurement’s value.
Five Best Practices for Balancing Costs, Risks, and Sustainability
Advertiser: GEP
In the face of volatile macroeconomic conditions and other complex challenges, supply chain and procurement pros must strike a tough balance between seemingly contradictory demands: boosting performance and sustaining and extending business operations, all while meeting customers’ needs.
Three Ways to Enhance Procurement Value Through Risk Management
Supply Chain Brain
DECEMBER 20, 2023
From scenario planning to relationship building, procurement teams are in a new era of risk management that will be crucial for long-term success.
Procurement Playbook
Procurement Templates
MARCH 7, 2024
A procurement playbook is a comprehensive document or set of guidelines that outlines the processes, procedures, best practices, and standards for managing procurement activities within an organization. It serves as a reference guide for procurement professionals and other stakeholders involved in purchasing goods and services.
Rethinking Direct Materials Sourcing: The Tools You Need To Manage Costs, Risks and Sustainability
Advertiser: GEP
Direct materials sourcing is evolving, with procurement now tasked not only with cost efficiency but managing sustainability and risk management. The environment is marked by heightened demand and expectations, compounded by challenges such as rising input prices, supply chain disruptions and geopolitical tensions.
GEP Spend Category Outlook 2023 Report
Advertiser: GEP
What are the risks for procurement in 2023? What should leaders do to deliver value amid uncertainties? Read the GEP Spend Category Outlook 2023 report now to build successful spend management strategies across 22 indirect & direct categories.
GEP Spend Category Outlook 2024
Advertiser: GEP
This must-read annual report informs procurement and supply chain leaders of the types of risks to expect and their levels of impact. GEP experts in nearly two dozen critical categories guide you in the right direction in our annual comprehensive resource — GEP Spend Category Outlook 2024.
Building Supply Chain Resilience in the Real World
Speaker: Kelly Barner - Co-Founder & Managing Director of Buyers Meeting Point, LLC
Since 2020, procurement and supply chain professionals have faced an unprecedented set of challenges. The pandemic was just the start.
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