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Risk and continuity

This page features articles on risk management and business continuity in procurement and supply. It also includes articles on supply chain risk and how to mitigate against threats.

Latest articles

Define risks and responsibilities for contract management successThe man responsible for the digital TV switchover support contract says establishing the risks of a deal and who should handle them is key. 23 March 2012
Prices of greater concern to CFOs than supply securityThe risk from price volatility is more of a worry to finance directors than being able to obtain goods. 22 March 2012
Premier Foods aims for 4 per cent savings through supply chainThe manufacturer plans to make efficiencies after reporting an operating loss of £259.1 million. 21 March 2012
NAO: Procurement cards are cost effective but need tighter controlsPublic Accounts Committee chairwoman calls for transparency threshold to be reduced in order to hold departments to account. 20 March 2012
Don't let suppliers become the untouchables, urges the Yorkshire MafiaSenior purchasers have encouraged buyers to continually challenge the business about vendor selection, and push suppliers to build credibility with procurement. 20 March 2012
Social media policy needed to avoid risk"You can't stop employees using social media, you can only guide them in how to use it appropriately and explain to them the consequences if they fail to do so" Nick Thomas, a partner at law firm McGrigors. 16 March 2012
92 per cent reviewed supply chain in wake of 2011 disastersBut just 12 per cent made or will make significant changes. 16 March 2012
Manufacturers face fight for raw materials in 2012Metal producers are forming alliances to pool investment to secure supplies, according to a report by PwC. 15 March 2012
Don't ignore smaller consultancies, buyers told"There is a massively rich and diverse range of SME consultancies not getting the same access to the market," chief executive of Management Consultancies Association. 15 March 2012
News Focus: Weathering the stormIt's been a year since a tsunami hit Japan, with devastating consequences. Adam Leach examines its ongoing impact on supply chains and how organisations are addressing the issues. 13 March 2012
European buyers warned of LNG shortageGrowing demand from Asia for imports and declining domestic production of gas will put pressure on both supplies and prices, research predicts. 12 March 2012
Investors put supply chain risk in the spotlightFrançois Passant, executive director of Eurosif: "As supply chains are getting more and more complex, investors are increasingly scrutinising how companies manage the risks related to the different tiers of suppliers." 09 March 2012
UK firms are financially fitter, says Experian"We can entertain some cautious optimism for the months ahead," Max Firth, Experian. 27 February 2012
Businesses perceive 'high risk' threat from supply baseOne in twelve UK firms think more than half their vendors represent a high risk to their organisation. 26 February 2012
Gold miner looks to local labourAfrican Barrick Gold plans to invest in boosting the skills of local workers to combat rapid inflation in the international labour market. 17 February 2012

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Buyers must check risks at all supply chain stages"Question yourself," said Bola Afolabi, general manager at Nigerian National Petroleum to buyers in West Africa. "Look for the risk in every level of the supply chain."

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That's the way to do itPaul Carter Hemlin explains the differences, benefits and drawbacks of four methods of dispute resolution 05 March 2009
Take a look around youWith a renewed focus on risk, internal audits of procurement are on the rise. Paul Desrosiers looks at how to prepare 13 May 2010

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How to identify procurement risk
14 June 2013 There are significant business benefits to managing supply chain risk, says Stephen Ashcroft, but it is rare to find strategies that identify threats in a structured way.

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