CIPS Situation Room - El Niño

Introduction to procurement risk management

This will explore procurement risk management and will give you a better understanding of the risks and opportunities your organisation may be exposed to. It also examines procurement strategies, practices and processes that you can develop and implement to ensure those risk are managed effectively.

A beginner’s guide to geopolitics for procurement professionals

We live in a volatile world, with wars and new political crises emerging constantly. These global events can seem remote, but it doesn’t take long for them to have an impact on procurement and supply professionals. Supply chains can be quickly disrupted by events such as the conflict in the Middle East.

Supply chain risk assessment

A supply chain risk assessment is a critical action for effective supply chain management. By assessing the risks, organisations can identify potential threats to the supply chain and take action to prevent disruptions which could lead to increased costs, lost revenue, delays and a decrease in brand reputation.

Supply chain risk management

Supply chain risk management is a set of activities, aimed at reducing supply chain risks. It involves understanding the risks that can impact your organisation and implementing strategies to manage those risks. In the supply chain, this can be from the sourcing of raw materials to the distribution of the finished product.

Supply chain risk management strategy

Managing risk in the supply chain requires detailed pre-risk planning. Every organisation will have different potential risks, however, take a look at ten strategies that will help you with your supply chain risks management.

4 methods for agile and crisis-ready procurement

In an uncertain operating environment, procurement and supply chain professionals must embed agility into their processes to become more resilient. AtkinsRéalis’ Ali Al Deiri MCIPS and Scott Corboy MCIPS offer four solutions.

A quick guide to assessing supplier risk

Supplier risk assessments are vital to identifying and mitigating the risks associated with working with suppliers. The CIPS Intelligence Hub covers the basic principles of conducting supplier risk assessments and what to look for.

How to mitigate procurement and supply risks

Risk mitigation in procurement and supply will vary in every organisation, as some organisations may not experience the same risks as others. It’s important that risk mitigation is part of your overall strategy, as without it, it can affect the whole supply chain. Take a look at some common risks within procurement and supply and how to mitigate.