The rapid succession of high-impact risk events in recent years has left procurement and supply chain practitioners needing to redefine their approach to managing risk in the supply base. For those lacking centralized real-time insights tied to their supply chains, supplier management becomes a stumbling block led by an inability to rapidly identify, assess, and mitigate the risks most relevant to the business.  Nicholas Kidd from Sphera believes traditional supplier management isn’t cutting it anymore – you need a better and more accurate way to manage risk. Join this Insights Stage session to learn: 

• Why organizations need to integrate supply chain risk monitoring into existing supplier management processes  
• How to create more agile and rapid crisis response plans – different risk events require different recovery plans  
• What concrete capabilities are that practitioners want to have in their arsenal to gain greater visibility into their supply network 

 

Contributors: Sphera
Categories: 2023 - May - Midwestern, SIGnature Event
SRC Type: All Procurement Operations, Procurement Operations