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About Short Guide To Procurement Risk Ch1
This document provides an overview of procurement risk and the need for effective risk management. It makes the following key points: 1) All businesses rely on suppliers and effective procurement is essential for business success and survival. However, most companies fail to properly understand and manage the risks associated with their supply chains and supplier markets. 2) Procurement risk has increased due to globalization, outsourcing of activities, economic crises, and other factors. Major risks include supply chain disruptions, price volatility, supplier bankruptcies, and fraud. 3) Failure to effectively manage procurement risk can lead to significant financial losses, reduced market competitiveness, legal issues, and even threaten a company's long-term
Detailed Information
| Author: | ['carwadevilisback'] |
|---|---|
| Publication Year: | 2014 |
| Pages: | 19 |
| Language: | English |
| Format: | |
| Price: | FREE |
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