procurement-risk-management 
Eyvo
APRIL 20, 2021
How to effectively manage risk in procurement? Risk management in procurement. For many, risk-taking in everyday life is normal. Some businesses even look forward to taking a “calculated risk”. However, in procurement, the last thing you want is a risk. by Bhargavi Nake.
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.
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ivalua
MAY 11, 2021
Risk management, cost reduction and digital transformation — these are the three top priorities for procurement organisations in the Middle East today, according to a global survey conducted by Ivalua’s global partner PwC. Strategic Investments Target Risk Reduction. This is particularly true in the Middle East. “The
EC Sourcing Group
JUNE 10, 2020
Methods for Managing Procurement Risks. There is always some level of risk when it comes to contract management in procurement. Learning how to best analyze and monitor these risks before they become a threat to your contract, or worse yet, your relationship with a good supplier, is imperative. .
Advertiser: GEP
Did you know that implementing generative AI reduces sourcing cycle times and allows for faster decision-making across procurement operations? The paper highlights real-world examples and use cases that demonstrate generative AI's transformative effects on operational efficiency, risk management, and cost reduction.
ivalua
JANUARY 8, 2023
What Lieferkettengesetz Means for Procurement? The act was established to address issues of sustainability and ethical conduct in global supply chains, and has significant implications for companies and procurement organizations operating in Germany. By Jan-Hendrik Sohn. Export and import of certain hazardous wastes.
ivalua
FEBRUARY 8, 2023
Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Why is visibility so important?
Advertiser: GEP
What are the risks for procurement in 2023? Read the GEP Spend Category Outlook 2023 report now to build successful spend management strategies across 22 indirect & direct categories. What should leaders do to deliver value amid uncertainties?
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.
Advertiser: GEP
Your Roadmap to Smarter Spend Management in 2024 Geopolitical, economic and supply chain challenges will stick around in 2024, but don’t despair. This must-read annual report informs procurement and supply chain leaders of the types of risks to expect and their levels of impact.
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. Time will tell, but it is unlikely to be a return to the pre-pandemic normal.
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