Every supply disruption, according to Rick Hughes, is an opportunity. The CPO of P&G described to the World Procurement Congress how the consumer goods companies has changed and grown from past disruption.

It's coming to the first anniversary of the UK Bribery Act's introduction. The Act caused a frison of fear throughout the business industry when it was introduced.

There have been many developments in risk mapping and prediction software since a 15-metre wave travelling at 800 miles an hour struck the south of Japan on 11 March 2011.

Monsoon rain in Thailand has caused the country's heaviest flooding in half a century. As the flood waters affect the centre of Thai commerce the consequences are only beginning to be fully appreciated.

Buyers spend large proportions of their time attempting to avoid risk, but sometimes disruptions come out of the blue. How should we respond to unexpected events?

Thought Leaders is a series of regular posts from experts from across industries and regions, looking at the issues procurement faces today. In this post, Procurement Intelligence Unit research analyst Jonathan Webb looks at room for improvement in procurement’s approach to managing risk.

Most of the press concerning the current economic difficulties are full of dark foreboding. But does the procurement function prosper during downturns?

Monday night saw significant unrest in London - close to the PIU’s Clapham offices. Can we learn from these terrible events?

The world’s toughest anti-corruption legislation is to come into force in the UK this July. The law heavily penalises both the payment and receipt of bribes. It also criminalises the failure to prevent a bribe, which can result in an unlimited fine and the imprisonment of senior leadership.

Recently released figures show that the Japanese economy has dipped into a recession. The economic shockwaves are also affecting other countries.