Codes of conduct are a useful lever for procurement teams looking to improve their supply chain management capabilities by establishing the behavioural standards suppliers should meet
Pauline Schu
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Procurement 101: Establishing proactive supplier risk management frameworks
Organisations are placing greater emphasis on building resilience and enhancing their ability to navigate volatility or disruptions. Proactive risk management is key to achieving this
Establishing a framework that supports proactive risk management
The availability of data and real-time information around suppliers’ financial and operational strength is one of the key challenges facing procurement teams.
Procurement 101: Supplier financial risk
This presentation looks at steps procurement functions can take to ensure they continue to deliver strategic value despite the economic downturn by managing supplier financial risk more closely
Supplier financial risk analysis
Procurement Leaders gathered together procurement professionals to explore how teams can better identify and mitigate financial and insolvency risk in the current economic downturn
Creating a supplier code of conduct that drives positive change
Procurement Leaders hosted a discover and discuss session on how to create a supplier code of conduct that drives positive change
Leveraging technology at scale to deliver proactive risk strategies
Procurement Leaders hosted a discover and discuss session on how functions can prepare themselves to effectively work with risk solution providers.
Third party/supplier risk management – metrics and governance
Key takeaways find that defining risk types, measuring impact and mitigating risks are vital practices in managing third party risks.
Use supply chain risk as a wake-up call to change mindsets and metrics
A proactive risk strategy is needed if procurement functions are to succeed in 2020