Upgrading the Supply Risk Management Programme

Globalization and the Internet have revolutionized business practices and efficiency. With the technology advancements in the last two decades, we can see the changes in the procurement industry processes.

“Supplier Risk” is no longer an emerging trend. Modern day supply chains are overwhelmingly dependent and complex and the simple supply chain risk management (SCRM) strategies are woefully insufficient.

Organizations today are facing business risks ranging from commodity price volatility to geopolitical and regulatory change. The risk is an issue that cuts across many industries, around the world. Such risks have a material impact on companies, resulting in supply chain disruptions, material losses, and reputational damage.

The type of risk that can affect the supply chain and the way in which these risks are managed and mitigated has evolved significantly.

Join our esteemed speaker Mélani Flores from The Hackett Group, who will share views on how to reduce the impact of risk and support business stakeholders and how procurement functions are evolving their supply risk programmes.

Attendees of the web-seminar will get insights about:

• Monitoring Supply Risk Trends
• Measuring the value from the Risk Management Programmes
• Mitigating the risks