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Transforming the #Procurement department to a more sustainable one? Take the risk to collaborate with suppliers #sustainableprocurement #csr
Risk is also opportunity in #procurement #sustainableprocurement #CSR #supplychain
It is because the supplychain is much more interconnected that you need to focus on the risk. Use sustainability to get rid of them.
Data typically collected in supplier scorecards: Latest news, Risk KPI, Pricing, delivery performance, suppliers corporate info. Where CSR?
Typical #Procurement risks: 65% of respondents say that their biggest risk is their company's dependence on one or more suppliers.
Mapping your suppliers risk will gain visibility. Needed if you want to gain a competitive advantage with sustainability.
CPO's: Managing risks imposed by suppliers and third-party service increasingly difficult and expensive. (It doesn't have to be that way).
Is your low costs strategies pushing up your #Procurement risks?
RT @procurement: Risk should be top priority for procurement professionals:
RT @ecovadis: MillerCoors conducting water risk assessments in their supply chain. #grnBiz #h20
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