Best Practices in Vendor Risk Management for Manufacturers
Manufacturers depend on a diverse network of external partners to keep production running efficiently. From raw material suppliers to logistics, finance, and technology providers. Yet, as this reliance grows, so do the associated risks. Hence, there is a need for vendor risk management. As a manufacturer, it is essential to constantly prioritise the quality, cost, […]
5 steps to ensure your procurement process is ‘loss-proof’
According to KPMG, 77% of procurement managers agree that the risk of supply chain disruptions is a critical external factor. If you can relate to that previous sentence, this short article was written for you. If not, I hope you can pass it on to someone who does. Procurement is a high-stakes game, one that […]