Supplier Risk Management in Direct Procurement Supplier Risk Management in Direct Procurement

This is a video recording of a recent live event.

In the current business environment, enterprises are struggling to mitigate the impacts of VUCA (volatility, uncertainty, complexity and ambiguity) on their supply chain operations. And they are recognizing that a great deal of this effort needs to be focused on suppliers of essential direct materials. But continuously monitoring supplier risk is a serious challenge; it requires significant amounts of data as well as the analytical power to drive intelligence from that data.

In this webcast from GEP and WBR/ProcureCon, experts from GEP and Global Risk Management Solutions (GRMS) discuss supplier risk management frameworks through the lens of direct material sourcing. They look at a variety of risk factors and how they can impact business continuity; the new technological tools for gathering, sharing and analyzing data; and how to pinpoint the approaches that work for different supplier categories.

Why Watch this Webcast:               

  • Learn about supplier risk factors in direct procurement and the supply chain
  • See how proper supplier segmentation can help enterprises create an effective risk management program
  • Find out how AI, predictive analytics, cloud, and other current technologies are taking supplier risk management to a new level

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Theme: Operations