The preliminary findings of our CPO 2012 Strategy study seem to support the view that it takes few practical measures to build supply chain resilience. Typically, managers tend to rely heavily on the power of documentation and contracts to protect them.
The floods in Thailand earlier this year knocked out much of the world’s hard disk production. Intel announced yesterday that it will miss its profit targets because of the scarcity brought about by this crisis. But what can procurement do about this?
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.
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.
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