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The fifth of our short papers outlining key supply chain risk areas looks at geo-political risks, which include war and revolution as well as labour disputes and the like. Clearly, this sort of risk event can be amongst the most serious in terms of implications for buyers.
“Man-Made” Risk – Different Risks Require Thoughtful Strategies: Supply Chain Risk Briefing (Part 4)
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This is the fourth of our short papers outlining key supply chain risk areas. This examines "man-made" risks, a broad category that ranges from fires and explosions to strikes and labour disputes. All can have a serious impact for customers of the firms affected, so effective risk management is vital.
Natural Disasters – How to Mitigate Unavoidable Risks: Supply Chain Risk Briefing (Part 3)
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This is the third in a series of short papers outlining the supply chain risks that can have the most devastating effects on your business. This paper examines the risk to suppliers (and ultimately the buyer) of a natural disaster - a risk type that is mostly unavoidable but one against which you can mitigate.
Corporate Image & Compliance at Risk: How to Mitigate the Hidden Risks Lurking in Your Supply Chain
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This is the second in a series of short papers outlining the most important supply chain risks. In this paper we examine supplier reputational risk, the impact it can have on customers and ways in which to mitigate that risk.
The Most Effective Ways to Mitigate Supplier Financial Risk
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This is the beginning of a series of short papers outlining the most important supply chain risks. In this first paper we look at supplier financial risk, the impact that can have on customers and ways to mitigate that risk.
Procurement and Finance: A Fine Purchase-To-Pay Romance or the Best of Enemies?
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In this briefing paper, we explore the areas within the P2P process where Procurement and Finance find themselves either aligned or in discord. We then look at the reasons and offer suggestions to help both parties create a collaborative relationship in the areas of mis-alignment.
Supply Chain Risk – Getting To Grips With n-Tier Visibility
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In this briefing paper, we look at supply chain risk, and in particular the risks that emerge from beyond the first-tier (the direct suppliers to our organisation). We include ideas on how to gain greater visibility of the whole supply chain or network, and what to do once we have it.
The Supply Chain Devil’s Dozen: Top 12 Supplier Risks For 2017
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Presenting 12 ideas that specifically focus on supply chain and supplier risks. It's all stuff you should pay attention to. Do your 2017 risk focus areas align to both Spend Matters analysis and what we hear from your peers? You may be able to gain a leg up on the competition (or pending global turmoil)!
How to Connect Inventory with Research Procurement: A Global Pharmaceutical Company’s Journey
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Numerous industries are critically dependent on inputs that aren’t neatly wrapped and packaged in cardboard boxes. From ingredients, chemicals, powdered metals and slurries to other bulk materials, many industries have unique purchasing challenges.
Even amidst this diversity, the research lab is a special breed. Its inputs are acquired spontaneously and from diverse suppliers and information sources, have to be available quickly and often come with special handling and exposure compliance rules. From extreme outliers like radioactive materials to day- to-day compounds, all chemicals need to have clear handling guidelines, even fairly innocuous ones. Researchers, who are often prized for their independent thinking, are key decision makers. Gaining their adoption requires processes that are simple, effective and add value.
Download this case study to see how a global pharmaceutical research leader drives procurement success!
Making the Business Case for Procurement Suites
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It’s hard to talk about the evolution of procurement technology without using at least a few buzzwords. So before we delve into the heart of our argument in this paper, let’s dispense with some industry jargon (which we’ve put in scare quotes below), as we share a quick history of the sector and how the market began to favor suites over point solutions.
When procurement applications first hit the scene, in the early 1990s, they were what we might term “module-based,” “best-of-breed solutions” that addressed “point-based problems” that, when properly deployed, could often generate a significant return to procurement. In many ways, they brought the then-called purchasing function out of the spreadsheet-laden dark ages and into modern times. But these tools, like all promises that appear too good to be true, had their downsides.
Download this paper to learn more!
The Merger – A Procurement Story
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The Merger is a short novel in four chapters. It follows and scripts the daily lives of two CPOs whose businesses have been recently merged: the one, a fully tech-savvy, source-to-pay function, the other, relying on personal expertise and hands-on manual processes. We learn of their opposing challenges and how they resolve them -- together.
Contingent Labour Review: Key Procurement Priorities (Part 2) — Tomorrow’s market and how to manage it
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This is the second part of a paper that draws on the real issues faced today by procurement teams managing the growing area of contingent labour spend. It takes these challenges, explores what they might mean for the future of the market, and makes recommendations for procurement professionals to get most value out of their expenditure.