Remove Collaboration Remove Risk Management Remove Strategic Sourcing
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Strategic sourcing enters a new age. Are you keeping up? (Part 2)

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In last week’s blog , I began discussing telltale signs that you have entered the new age of strategic sourcing. Leading manufacturers have proven that best-in-class strategic sourcing can create measurable and sustainable shareholder value by contributing to top line growth and bottom line profitability.

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Your procurement compliance and risk management checklist

Bonfire

Our panelists included: Hend Salem , Manager of Strategic Sourcing – Non Clinical at The Ottawa Hospital Carol Izzio , Director of Procurement at Sheridan College Christine McParland , Director of Residence and Ancillary Services at St. Find the summary of their advice in this article or watch the full conversation here.

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Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience

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As teams worked with suppliers through creative solutions, it became obvious that transparency and supplier risk management are essential components to maintain stability during crises like these. The pandemic saw incredible growth in this area and highlighted opportunities for improvement within procurement processes and procedures.

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Supplier Risk and Performance Management

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A checklist guide to getting the most out of your supplier risk management program. This reliance can increase supplier risk or uncover a large source of value and supplier innovation for organizations. . Employ more structured processes around supplier risk management. Drive competition and achieve savings.

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Pandemic Prepared! 8 Steps to Building Supply Chain Resilience

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Procurement teams had to work closely with suppliers to find creative ways to solve problems, and they instantly realized the benefits of transparency in their supply chains and supplier risk management for business continuity in times of crisis. Strategic sourcing professionals may end up doing tactical work, as well.

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8 Steps to Building Supply Chain Resilience for Manufacturers in a Post-Covid World

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Procurement teams had to work closely with suppliers to find creative ways to solve problems, and they instantly realized the benefits of transparency in their supply chains and supplier risk management for business continuity in times of crisis. Strategic sourcing professionals may end up doing tactical work, as well.

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A Rare Opportunity To Reset And Accelerate

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Now is the time to show the business how Procurement can add value around supplier risk management , new sources of supply, changes to contractual arrangements and much more. Building resiliency begins with suppliers but must involve collaboration with the business. Are you monitoring risk across your suppliers?