Risk Mitigation with scoutbee

A robust Risk Management strategy in procurement means being able to shift and pivot - be it due to major disruptive events with global supply chain impacts or strategic changes for the business - alternative supply options are always required. In addition to sudden disruptive events, other factors such as trade wars, or global warming and the resulting environmental awareness across industries and consumers can shape the new risk landscape. Indeed, sustainability is now equally important to financial and credit risk, and regulatory requirements no longer see codes of conduct and self assessments as sufficient.