The traditional role of procurement is changing – it’s time to take a risk-based approach

Best Practices for Taking a Risk-Based Approach to Procurement

The procurement team is the bridge between the enterprise and the extended enterprise: the organization and its suppliers.

Because of this, procurement professionals must claim a more active role in their organization’s risk management and strategic initiatives and step up to help manage the full lifecycle of their organization’s supplier and third-party relationships.

Our newest white paper explores steps procurement teams can take to begin approaching their roles from a risk perspective. Learn more about:

• How the traditional role of procurement is changing
• Why it’s time to take a risk-based approach
• How to shift procurement and inventory management strategies
• Best practices for taking a risk-based approach
• And more!