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 ...

The 2024 Economist Impact report highlights the strategic importance of procurement in managing risk and driving sustainability. As previously reported, procurement is gaining prominence in the ...

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.

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.

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 ...