Procurement was once seen as just a link in the chain of business operations. It was the process by which operators secured ...

A majority of C-suite executives fail to recognize the pivotal role that procurement can play in effective risk management. While risk can take on many forms, in the world of procurement, there are a ...

In the business world, risk is ubiquitous. Costs rise. Sales slip. Products malfunction. Delivery windows crack. But despite these enduring realities, risk's nature and scope have accelerated in the ...

When it comes to supplier risk management, many procurement teams are lagging. In fact, fewer than half are responsible for executing operations related to third-party risk management, according to ...

A study by a leading management consulting firm found that senior executives at seven out of 10 Global 2000 companies feel that business risks have “significantly increased” over the past 10 years.

It appears there are renewed fears for an increased fragility of supply chain networks in the face of continued catastrophic natural disasters and or sudden shifts in macro-economic conditions.

This year presents the procurement industry with yet another opportunity to navigate, innovate, and reinvigorate our procurement plans, strategy, and direction. In retrospect, the lessons gathered ...

Procurement is one of the most vital aspects of a business, serving the goal of obtaining goods and services for an organization at a cost-effective rate. It is widely agreed in the business world ...

Today’s fast-moving world demands that risk management be an imperative more than ever before. From shifting global economic futures and environmental challenges to increased development in new ...