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In today’s complex world, supplier risk management is just as critical to your organisation’s financial health and competitive performance as your efforts to produce cost savings. And it cannot be seen as just a one-time or periodic event – it must be built into your organisation's ongoing supplier interaction in order to be effective.
Join us for our forthcoming webinar, where Ashley O'Neill, Head of Procurement and Finance Marketing, will explore how a robust Supplier Management solution will give your organisation the necessary level of visibility to determine how both supplier and contract information is collected, stored, and managed – detailing where to identify critical elements of supplier risk management, allowing you to reduce risk and drive cost savings.
Reserve your place for the chance to understand how to mitigate the risk of damage caused by:
- Lack of proper controls to ensure suppliers/sub-contractor are fully compliant and of the right calibre.
- Unanticipated changes in pricing and availability for products/services can impact margin and costs, etc.
- Events that cause disruption to the availability of supplier service and result in greater substitution costs.
- Supply chain activity that adversely impacts the public perception of the product/service and results in sales loss or adverse PR.
- Unchecked contract auto-renewals which lock organisations into costly and cumbersome agreements.
- Duplicate agreements and missed opportunities for volume-based savings.