Enterprise procurement teams must be able to create robust processes to recognize and react to supply risk. The current global environment may be contributing toward heightened market volatility, but new techniques and technologies are available for procurement to use in designing effective risk management programs.
On this webcast, presented by Procurement Leaders and GEP, experts discuss how procurement can respond to macro uncertainty and leverage data to mitigate third-party risk. While risk takes many forms, the regulatory pressure on financial services organizations serves as an important example that is presented as a case study.
Key Discussion Points:
- Why supplier risk needs to be a higher priority for procurement teams
- Harnessing digital capabilities to assess and recognize the potential for disruption
- How to embed risk management strategies in procurement workflows