A Short Guide to Procurement Risk

A Short Guide to Procurement Risk

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Typically, much less regard is paid to external suppliers and the risk present when dealing with them. As a minimum, suppliers are the sources of materials, services and expert attention which enables the company to feed its business model. When done well, a high-performance risk-aware procurement process provides the bonus of competitive advantage, with ability to capitalise, rather than suffer, from the occurrence of unexpected events. This short guide explains how to do it.Or, other possible suppliers do exist but are rejected because of past problems with poor quality. Buyers leave their company at risk if all they do is accept what the markets offer and flip flop between whoever is offering best prices or posinganbsp;...

Title:A Short Guide to Procurement Risk
Author:Mr Richard Russill
Publisher:Gower Publishing, Ltd. - 2012-09-28


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