The traditional view of risk management in procurement is one of mitigation, minimisation and opportunity cost. It is about contingency planning and ‘just in case’ thinking. Few companies look to risk management as a way to steal a march on their competition, but when a medium to long-term view of the inbound supply chain is taken, this is entirely possible. (more…)
Risk management is a serious business, those that do it well are ready to overcome the most major of disruptions and those that don’t, risk never recovering from the fallout. The guys at Tokyo Zoo know this only too well, which is why they decided to carry out a bit of hypothetical role-play this week. (more…)
How encouraging it is to see SRM and risk management being recognised among the main levers of procurement’s business contribution according to the Supply Management 2011 Reader Research and this month’s news focus. (more…)
Recession, what recession? Company insolvencies are now at 30-year record lows, measured as a percentage of active businesses registered at Companies House. (more…)
![[Bloglines]](http://blog.supplymanagement.com/wp-content/plugins/bookmarkify/bloglines.png)
![[del.icio.us]](http://blog.supplymanagement.com/wp-content/plugins/bookmarkify/delicious.png)
![[Digg]](http://blog.supplymanagement.com/wp-content/plugins/bookmarkify/digg.png)
![[Facebook]](http://blog.supplymanagement.com/wp-content/plugins/bookmarkify/facebook.png)
![[Google]](http://blog.supplymanagement.com/wp-content/plugins/bookmarkify/google.png)
![[LinkedIn]](http://blog.supplymanagement.com/wp-content/plugins/bookmarkify/linkedin.png)
![[Twitter]](http://blog.supplymanagement.com/wp-content/plugins/bookmarkify/twitter.png)