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Procurement Risk register

ABC of Procurement

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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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. “Risk is part of our DNA,” she says.

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Are you de-risking your reliance on China?

Procurement Heads

While EU-China economic ties remain strong, the pandemic and conflicts have exposed the risks of depending heavily on China for critical supplies. The de-risking strategy aims to diversify the EU’s supply chains and reduce its dependence on China, especially in strategically important sectors.

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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…

Risk 295
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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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Risk Management in the Procurement of Innovation

ProcurePort

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. The post Risk Management in the Procurement of Innovation appeared first on ProcurePort Blog. They must then move on and assess the necessary mitigating actions to be […].

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Using Supplier Management Software to Manage Supplier Risk

ProcurePort

Supplier Management Software: Supplier Risk: Effective supplier management is critical to the success of any business. To ensure a seamless and efficient supply chain, businesses need to implement robust supplier management practices that help mitigate supplier risk.

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Building Smart with Distributed Teams

Speaker: Sam Ross, General Counsel at Remote; Jenny Bloom, former CFO at Zapier & Darren Murph, Head of Remote at GitLab

It’s clear that distributed teams are here to stay in some form or another.

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The Definitive Guide to Spend Management

It consists of messy tech stacks of siloed solutions that give rise to manual work, a lack of control, wasted spend, and unnecessary risks. The status quo for AP in small and mid-market companies is broken. The benefits of shifting to spend management are tangible, measurable, and are felt across the whole organization.

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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 particular, she will focus on: Why procurement and supply chain professionals need to stay on top of the news - but not entirely be guided by it How to let current disruptions influence - but not confine - forward-looking risk mitigation strategies How to balance short-term firefighting with longer-term planning March 14, 2023, at 9:30 am PT, 12:30 (..)

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

We outline how the TMS+ breaks down silos to optimize across inventory, transport, logistics, and order management concurrently, intelligently, and in a timely and relevant manner for cost, service, risk, and sustainability.