Risk Management

Today's procurement professionals must identify the risks that can impact an organization and implement strategies to mitigate and manage those risks.

May 27, 2022    0
The global COVID-19 pandemic put supply chain management and procurement in a very bright and positive spotlight for keeping life moving as normal as possible during all the shutdowns, disruption and...
When selecting an outsourcing partner, the business must balance its risk appetite with the ability to maintain business critical activities.
May 24, 2022    0
In business, actions with the greatest payoff can sometimes be risky. This certainly applies to outsourcing software development, AI projects or IT support to third parties. While it can help you get...
Procurement, sourcing, and risk teams need to widen their risk aperture and prioritize continuous monitoring of geopolitical and location risks.
May 13, 2022    0
As global citizens, our hearts go out to the people and communities directly impacted by the Russian invasion of Ukraine. As procurement, sourcing and risk leaders, we must face the challenge of...
Building trust in ESG practices is complicated by the lack of transparency and consistency in reporting practices, the pace of change in reporting requirements, and huge regional and corporate variations.
May 11, 2022    0
Customers, employees and investors are increasingly putting ESG front and center when making decisions about the companies they engage with. Rising shareholder and consumer activism, as well as new...
Procurement professionals across the globe are being catapulted to the front lines of the battle for cost-containment, remaining competitive in their respective industries, and in some cases saving operations from going under.
May 04, 2022    0
Supply chain and procurement professionals are now tasked with the near-impossible: fighting off upstream price increases and obtaining year-over-year cost savings in today’s inflationary...
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