Over the last year supply chain risk has jumped positions on the priority list of procurement professionals. Supplier bankruptcy, product recalls, unfair trade practices and other supply related risks have become crucial concerns for organizations.

Hence it is essential for your procurement executives to understand where they stand on the maturity curve for supply risk management and what they can do today to start moving in the right direction.

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Build an information infrastructure to highlight inherent process risk

Equip people with needed skills and mindsets to mitigate risk

Risk-proof your processes

Develop an investment/technology roadmap for effective supply risk management