Our world is constantly changing as are our businesses to accommodate new and challenging global environments. Preparedness is a necessity to thwart lurking dangers and to shorten the impact of adverse events. Risk – it’s the 4-letter word that could threaten your brand promise and your reputation to protect it. This session coverws lessons learned in risk management including procurement strategies for strengthening supplier engagement to effectively assess, monitor, manage and mitigate business risk. The session focused on the people, process and technology improvements that help companies reduce exposure and minimize supplier-related risks.
Topics covered in this session included:
- Why supplier “value” management is critical for risk management
- What actions are crucial for identifying and mitigating emerging risks
- What key processes are required for proactively analyzing potential risks
- How integrated, strategic procurement technologies support and manage risks
Categories: 2015 Fall - Huntington, Summit Presentations
SRC Type: Risk Management, Sourcing Management