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Re-establishing the Enterprise’s Risk Appetite

All Things Supply Chain

Since risk is a reality in business, and ‘certainty’ is an extremely expensive proposition, an enterprise’s appetite for risk has always been measured on a sliding scale. Companies with a… General Supply Chain Management risk management supply chain management supply chain risk

Risk 296
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Managing risks, priorities and talent: Nestlé’s approach to the polycrisis

Procurement Leaders

But they all come, to me, under the category of risk. “The last couple of years have really shown businesses the value of procurement – and not just as a purchasing function/PO function, but the strategy of procurement and the value we bring in managing risk,” she says.

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professionals

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Crypto Risk Management: Securing Your Funds!

Supply Chain Game Changer

Small Business Risks in Accepting Cryptocurrencies! This is why crypto risk management is important to take your wealth off of exchanges and into your own hands. Risks of Crypto Exchanges. Another risk to consider is that exchanges can go bankrupt. Subscribe Here!

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Supply Chain Risk Management Planning

SCMR (Supply Chain Management Review)

Risk management doesn’t have to be complex. This practical, easy-to-implement framework supports decision-making and risk management

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The “Multi-Multi” Supply Chain Problem That No One is Talking About

Mitigating risk and impact, monitoring and controlling cost, and maintaining operational excellence have become a multi-tier endeavor. Learn how to address the greater "multi-multi" problem to achieve agility, flexibility, and resilience.

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DuPont CPO Gonzalez on geopolitical risks, building relationships and prioritising amid the polycrisis

Procurement Leaders

It was security of supply, risk management, understanding our supply chain. So, when we talk about things like processes, risk management and ESG, we have people who take care of that but they’re not in the day-to-day, dealing with late deliveries, inflation, and so on.”

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Understanding Risk Management in 30-Seconds (Video)

Procurement Insights

Video Part 1 of 2 – the reaction when talking about managing risk. Video Part 2 of 2 – what happens when you ignore risk management. NOTE: Click the arrow on the right after the first video finishes playing) View this post on Instagram A post shared by HuskyGram (@huskyrgram) 30 Commentary risk management supply chain

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Interview: Barilla turns to multisourcing, new supplier markets and technology to overcome risks

Procurement Leaders

Our challenges are linked to digitalisation, risk management and inflation. With risk management, we are revising our buying policies and introducing a digital risk management suite that covers all our risk dimensions – supply, financial, quality, ethical, and so on.

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The Key Pillars of Third-Party Risk Management

ivalua

Third-party Risk Management (TPRM) within Services organizations, especially Financial Services (FSI), has become critical over the last few years. In Q3 2021, The Hackett Group conducted a comprehensive performance study of third-party risk management across a wide demographic of companies.

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How Risk Management Software is Transforming 3 Industries!

Supply Chain Game Changer

Supply Chain Risk Management is a Cirque Du Soleil Calibre Act! In fact, 89% of businesses encountered a supplier risk event in the last five years. But not all companies are prepared for this level of risk and complexity. Subscribe Here! Email Address.

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3 Supply Chain Risk Management Lessons to Use During Coronavirus Crisis

All Things Supply Chain

The coronavirus… General Supply Chain Management coronavirus risk management supply chain lessons supply chain risk

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TMS Solution Guide

A digital-first business strategy is your best defense against risk and uncertainty. This guide details how a Transportation Management System (TMS) can help streamline domestic and international, multi-modal supply chains with smart automation and continuous optimization.

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Vendor Management and Mitigating IT Supplier Risk

Una

Vendor Management and Mitigating IT Supplier Risk. Cost savings will always be on the plate, but vendor managers are now managing risk from a governance and compliance perspective. The risks of ineffective IT vendor management. Article Procurement Technology Risk Mitigation

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Supplier Risk & Performance Datasheet

ivalua

The post Supplier Risk & Performance Datasheet appeared first on Ivalua

Risk 130
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It’s Time to Rethink Supply Chain Risk Management

ivalua

The past few years have highlighted serious deficiencies in prevalent supply chain strategies and the major risk that disruptions pose to corporate success. Organizational abilities to effectively assess risk and engage suppliers to mitigate it are woefully lacking in most cases.

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Manage Supplier Financial Risk

ivalua

The post Manage Supplier Financial Risk appeared first on Ivalua

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Risk Center Datasheet

ivalua

The post Risk Center Datasheet appeared first on Ivalua

Risk 130
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TMS+: Go Beyond Transport to Optimize Cost, Service, & Resiliency

In the aftermath of the pandemic, supply chain inadequacies have been revealed in a new light. In order to thrive, companies need to take a more synchronized approach. Learn why a holistic “TMS+” approach is integral to success in the new normal and beyond.

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Risk Mitigation Strategies to Address Organizational Challenges

ivalua

The post Risk Mitigation Strategies to Address Organizational Challenges appeared first on Ivalua

Risk 130
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Tim Snow on managing risks in a polycrisis: ‘We go as deep as Tier-7’

Procurement Leaders

In this interview, Snow talks to Procurement Leaders’ chief product officer David Rae about his approach to risk, the company’s evolving geographic footprint and how he prepares his team to deal with the ongoing polycrisis.

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Microsoft unveils AI tool to mitigate supply chain risk

Supply Chain Dive

The Dynamics 365 Copilot not only flags potential threats, but also automatically drafts an email to suppliers asking whether they will be impacted

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Are you really managing risk?

SCMR (Supply Chain Management Review)

Your disaster recovery plan needs a flexible framework to be adaptable to what comes your way

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GEP Spend Category Outlook 2023 Report

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.

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11 Procurement Risks You Need To Know

ContractSafe

CLM risk management procurement processRemember the Suez Canal fiasco?

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The Top CPO Metrics Used to Measure Inflation, Risk, and Uncertainty

ivalua

In fact, 44% of respondents noted supply risk as a top priority, while 27% cited ESG as a priority–and the percentage of CPOs that have prioritized savings has nearly doubled year over year since 2021. Risk Metrics. Other benefits include improved quality and lower risk.

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Supplier Risk and Performance Management

ivalua

A checklist guide to getting the most out of your supplier risk management program. This reliance can increase supplier risk or uncover a large source of value and supplier innovation for organizations. . Objectives for Supplier Risk and Performance Management.

Risk 130
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How to Identify and Overcome Supply Chain Risk in 2023

Supply Chain Brain

Lacking foresight into what 2023 will bring, businesses nevertheless have the power to identify risks in the supply chain and prepare for the coming year.

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Building Supply Chain Resilience in the Real World

Speaker: Kelly Barner - Co-Founder & Managing Director of Buyers Meeting Point, LLC

In this webinar, join Kelly Barner, Co-Founder and Managing Director of Buyers Meeting Point, Head of Content and Brand Partnerships at Art of Procurement, and Host of the Dial P for Procurement podcast on Supply Chain Now, as she considers the most pressing challenges of the day, looking for lessons we can learn to bolster agility and resilience in the future.

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Watch: Controlling Supply Chain Risk Through Visibility

Supply Chain Brain

Visibility, risk management and compliance must be optimized for a successful supply chain, says Karin Stevens, executive vice president and chief marketing and product officer at Overhaul

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Top 10 CPO Metrics to Battle Inflation, Risk, and Uncertainty

ivalua

The post Top 10 CPO Metrics to Battle Inflation, Risk, and Uncertainty appeared first on Ivalua

Risk 130
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Who, What, When, Where, and Why – Facing The Risk Question Head-on!

Procurement Insights

Who owns supply chain risk, and why? Conferences procurement risk management SIG supply chain riskIt has been 3 years almost to the day, since I last spoke to a live audience, so this session will be packed with energy and insights. In other words – fasten your seat belts.

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How to Manage Supplier Risk and Performance in an Uncertain Global Economy

ivalua

Originally published on Risk Management Monitor. The job of procurement is to ensure performance is as promised, risk is low and business objectives are being met through collaboration. Ivalua Supplier Risk and Performance Management Checklist. Supply Chain Risk

Risk 130
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Supplier Risk and Performance Management (SRPM) Checklist

ivalua

The post Supplier Risk and Performance Management (SRPM) Checklist appeared first on Ivalua

Risk 130
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The Top 10 CPO Metrics Used to Battle Inflation, Risk, and Uncertainty

ivalua

The post The Top 10 CPO Metrics Used to Battle Inflation, Risk, and Uncertainty appeared first on Ivalua

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Risk Management Requirement for Financial Services Procurement

ivalua

The post Risk Management Requirement for Financial Services Procurement appeared first on Ivalua

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The Hackett Group: Managing Supply Risk

ivalua

The post The Hackett Group: Managing Supply Risk appeared first on Ivalua

Risk 130
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Supplier Risk Management Considerations for the Coronavirus Outbreak

ivalua

This crisis demonstrates the increasingly global nature and complexity of supply chains and the imperative to manage the risk within this complex supply chain. The post Supplier Risk Management Considerations for the Coronavirus Outbreak appeared first on Ivalua.

Risk 130
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Bitcoin Risks You Should Know!

Supply Chain Game Changer

Bitcoin risks article and permission to publish here provided by Jean Nichols. Safety Risk Reduction Strategy. The post Bitcoin Risks You Should Know! Cryptocurrency Guest Blog Post Bitcoin risksSubscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

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Five Ways Shippers Can Reduce Risk as Peak Season Arrives

Supply Chain Brain

Despite the pandemonium of COVID-19, there are ways to reduce risk to smaller retailers as peak season approaches.

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Manage Supplier Risk by Improving Supplier Visibility With Technology

ivalua

The post Manage Supplier Risk by Improving Supplier Visibility With Technology appeared first on Ivalua

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Supply Chain Risks: Different Types and How To Mitigate Them

Planergy

The best way to minimize disruption is to identify the various supplier risks and create a plan of action for what to do if the risk becomes a reality. Financial Risks Risks in this category range from an unexpected change in the exchange rate to supplier bankruptcy.

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Small Business Risks in Accepting Cryptocurrencies!

Supply Chain Game Changer

Small business risks article and permission to publish here provided by Jean Nichols. Before we start with risks, if you want to know about a platform that can help you with risk free trading then you should register yourself on this app and start simple trading. Subscribe Here!

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Watch: Machine Learning for Risk Analytics

Supply Chain Brain

With multiple layers of suppliers, artificial intelligence and big data can help companies get clean and useful information, says Jim Hayden, chief data scientist at Everstream Analytics

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