When managers think about risk, they often look to the extremes. The word itself is often associated with dramatic events which change the world. But the losses we suffer often come from more mundane sources.
The Procurement Leaders Forum took flight in Zurich this morning with a fascinating presentation on Heathrow Airport. Ian Ballentine, CPO, talked the meeting through the huge challenges of managing such a large business operation.
There are many, rather hopeful published studies at the moment, pointing to the huge benefits of ‘bringing back’ manufacturing to post-industrial states. But this supposedly obvious business case seems to have alluded most companies.
My subject being the somewhat ticklish subject of corruption in the supply chain, many of the academics and practitioners agreed that, although interesting, this particular area of inquiry might suffer from ‘data weaknesses’.
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