As the world gets smaller and our supply chains get more complex the risk of disaster becomes greater. Never before has it been more important for procurement professionals to ensure they are aware of where these risks may come from, and the potential catastrophic effect this could have on your company’s Brand Reputation. In a recent survey reputational risk was seen as the hardest to overcome for any company with the consequences taking years to recover from, and wiping millions off your bottom line and share prices.
In this second in our series of Passion for Procurement member events we explore the biggest risks, and how you can identify, prevent and recover from them.
David Noble FCIPS, CIPS Group CEO discusses the ‘Supply Century’ and comments on what the future holds and how procurement should prepare itself. Modern day risk from slavery, ethical buying and sustainability will be reviewed by Cath Hill, CIPS Director of Marketing and industry expert Shamir Ghumar, BRE.
And if the currency fluctuations caused by Brexit and the USA’s new president have been giving you sleepless nights then Richard Masser FCIPS, CEO of Crestwood GPS Ltd will be able to shed some light into how hedging and contract management can help both you and your supplies survive this turbulent time
Finally, tips into how to avoid one of the biggest modern risks will be shared. Cyber security is increasing by the day with new ways of hacking and accessing our data being found daily. So whose responsibility is it and how can we prevent it?
If you only attend one of this series of four Passion for Procurement events – make sure it’s this one for the sake of your Brand!
Please Note: This event will be followed by a North West members Branch event where David Noble will be discussing further the Supply Century white paper and answering your questions. If you would like to attend this event you will need to book separately. Book Now
Further topics in this series are:
Session 3: Talent Management – 1 June 2017 in Bristol
Session 4: Brand Procurement and Increasing Your Influence – 11 October in Hull