Archive for the 'Risk Management' Category

Purchasing’s Best Practices in Risk Management

Although I’m not always impressed with Purchasing’s articles on strategic sourcing and risk management these days, their recent article on Best practices in risk management wasn’t too bad, as pointed out by Tim Minahan in his posts Supply Risk: Purchasing’s Take and Supply Risk Profit Equation. In it, they outlined three simple strategies that can […]

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Avoiding Risk Management Pitfalls

The Supply Chain Management Review recently posted an excerpt from an article by Jayashankar M. Swaminathan and Brian Tomlin that summarized six common pitfalls and strategies for avoiding them that’s worth a quick look. In How to Avoid the Risk Management Pitfalls, the authors summarized the following pitfalls and their mitigations: […]

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Guest Posts: The Year in Review

Over the past year, I’ve blogged a number of guest posts over on eSourcing Forum, including forty posts last summer as part of the weekend series. For new(er) readers to the blog, here is a list of all guest posts over on eSourcing Forum with direct links.

Weekend Series Posts
Purchasing Innovation […]

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Best Cost Country Sourcing and the Concept of “Riskturn”

Today I’d like to welcome Ashton Udall of Global Sourcing Specialists and the author of the Product Global blog.

Low cost country sourcing; high cost country sourcing; near-shore sourcing; home-shoring; off-shoring…keep ‘em coming. The manufacturing and distribution industries are just starting to get interesting. It can be tough to keep up. But, you […]

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Collaborate, Collaborate, Collaborate, Collaborate III

Just in case the first eight times I said it (in parts I and II) weren’t enough to get your attention, here are a few more summaries of articles extolling the virtues of collaboration - which should be at the forefront of your mind now that you know all of the risks you need to […]

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Tips to Manage Demand and Compliance Risk

Over the last month or so, Supply & Demand Chain Executive ran a couple of articles that had some good tips to manage demand and compliance risk.

The first article, Supply Chain Strategies to Manage Volatile Demand, notes that managing volatile demand in a cost effective manner can lead to significant benefits […]

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The World Economic Forum’s Global Risks 2007 - Part III

Expert opinion suggests that levels of risk are rising in almost all of the 23 risks on which the Global Risk Network has been focussed over the last year - but mechanisms in place to manage and mitigate risk at the level of businesses, governments, and global governance are inadequate.       Global Risks 2007, […]

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The World Economic Forum’s Global Risks 2007 - Part II

Expert opinion suggests that levels of risk are rising in almost all of the 23 risks on which the Global Risk Network has been focussed over the last year - but mechanisms in place to manage and mitigate risk at the level of businesses, governments, and global governance are inadequate.       Global Risks 2007, […]

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The World Economic Forum’s Global Risks 2007 - Part I

Expert opinion suggests that levels of risk are rising in almost all of the 23 risks on which the Global Risk Network has been focussed over the last year - but mechanisms in place to manage and mitigate risk at the level of businesses, governments, and global governance are inadequate.       Global Risks 2007, […]

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Procurement Contract Risk Management

As pointed out by JP Massin in his Strategic Sourcing Europe blog, APICS and Protiviti recently released a study on Procurement Contract Risk Management.

As noted by JP Massin, the conclusion is that a large proportion of organizations need to improve the management of their procurement contract risks and opportunities. And this seems to hold […]

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