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 ...

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.

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.

Procurement involves identifying and agreeing to terms for the acquisition of goods, services, or works from an external source, often via a competitive bidding process. involving constrained decision ...

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 ...