Our world is constantly changing as are our businesses to accommodate the new and challenging global environments. Preparedness is a necessity to thwart lurking dangers and to shorten the impact of adverse events. Best practices emerge with trial and error and learning from other’s misgivings.
This session will focus on the lessons learned in risk management including the strategies implemented by procurement organizations for strengthening supplier engagement in order to effectively assess, monitor, manage and mitigate risk to the business. The focus will be on people, process and technology improvements to help you reduce exposure and minimize supplier-related risks.
You will learn:
- 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
DISCLOSURE: Sourcing Industry Group (SIG) discloses to you, the individual, that the information collected in connection with: SIG event registrations (including but not limited to Global Executive Summits, Symposiums, Regional Roundtables, CPO Roundtables, CPO Virtual Roundtables, Executive Immersion Programs, Webinars and Town Hall Teleconferences); services (including but not limited to Peer2Peer responses, Career Network postings and SRC requests); and membership inquiries, is being transmitted to a U.S.-based business. The information collected, which may include name, company name, title, email address, telephone number, place of business, company address, etc., is only being collected and used for the purposes of conducting the above-mentioned event registrations, service inquiries and membership inquiries. This information is being disclosed to you in compliance with Safe Harbor laws.