Manage Risk to Secure Safer Supply

The runaway growth of outsourcing and the impact of the recession have increased risk in the supply chain. Consequently, the strategic importance of the procurement function has increased with the need for pro-active risk management across the supply chain to avoid unplanned cost impacts or threats to business continuity and reputation.

However, a diversion of resources into contingency and recovery plans will not tackle these issues at their root, nor provide sufficient protection from a complex and changing environment.

In this report, Criticaleye Affiliate, PA Consulting, explains how purchasing can take the lead in managing heightened risks effectively across the supply chain, looking beyond commodity and currency volatility.