A Short Guide to Procurement Risk (Short Guides to Business Risk)
| Author | : | |
| Rating | : | 4.34 (623 Votes) |
| Asin | : | 0566092182 |
| Format Type | : | paperback |
| Number of Pages | : | 142 Pages |
| Publish Date | : | 2016-02-20 |
| Language | : | English |
DESCRIPTION:
It may be small on the outside but it is big on the inside. It is not. It is packed with useful information, for the procurement professional, for the supply chain manager, for the CEO, for any business owner. 'This book calls itself 'a short guide'. Truly, this book is about so much more than procurement, it is about so much more than the supply-side risks in the supply chain, it is about any kind of business and how to do your business well.' --Jan Husdal, husdal. Even for the supply chain risk researcher, who is likely to find he exhaustive list of risks particularly useful
No company is an island; it needs suppliers as well as customers. Yet, despite its importance, Procurement Risk Management is surprisingly under-developed. Procurement is the management activity that makes this happen, and this process depends on a superior risk management capability if it is be effective. This short guide explains just how to do it. Typically, however, much less regard is paid to external suppliers and the risks present in dealing with them. As a minimum, suppliers are the sources of materials, services and expert attention which enable the company to feed its business model. Increasingly, top executives view supply markets as sources of competitive advantage and as means of achieving strategic objectives. When done well, a risk-aware procurement process provides the bonus of competitive advantage, with the ability to capitalise, on the occurrence of unexpected events. What is less well known is that this is only half of the story risk exposures also exist inside the company and can be just as damaging. Each chapter expl
Success in these areas enhances profitability and also stimulates the dynamism and purposefulness of company performance overall. In late 2002 Richard was honoured by the Chartered Institute of Purchasing and Supply in receiving the prestigious Swinbank Award for his 'outstanding contribution to the profession' and for carrying its message into the business community
Procurement is more than just purchasing "Do yo like living dangerously? Then you should read this book. It exposes you to over seventy types of risk you you can take in your business life." Those are the opening words of this brialliant book, which makes a strong argument for procurement risk management being just a short step away from business continuity management. Not only will this book help procurement professionals to lift their head from their desks and gain a wider perspective on