72% of CPOs believe that their team will be spending more time on risk management in the next 12 months than they have in the last 12 months. (Procurement Leaders CPO Planning Guide 2020). Procurement teams have an increasing role to play in supporting the business to create, monitor or discontinue relevant supplier/partner relationships as they seek to grow within a ‘VUCA’ (Volatile, Uncertain, Complex and Ambiguous) world.
Risk needs to be managed consecutively, Procurement Leaders members use the PL community to share successes and challenges, join them. Contact us here to capitalise on this network.
If you are a member of Procurement Leaders, please log in to the main portal to access the premium research.