CIPS News


More support to mitigate risk in supply chains

CIPS 20 May 2015

New partnership supports CIPS members

The Chartered Institute of Procurement & Supply (CIPS) has partnered with dun & bradstreet (D&B) the leading provider of business information for credit risk management in the area of cross border risk, to provide CIPS members with targeted analysis for supply chain management.

Following the launch of the CIPS Risk Index with D&B in 2014, CIPS is developing more insights and support in the areas of risk management. More than 1000 companies rely on D&B to provide meaningful insight to help build quality business relationships with customers and stakeholders and a dedicated area on the website offers CIPS members access to this valuable data.

The dedicated knowledge area includes insights such as the Risk Index report, Supply Management Solutions and D&B’s highly-skilled analysis of developments in global business. With details of videos, webinars, case studies, events and other sources of information, CIPS members receive additional support as part of their membership at no extra cost.

Group CEO CIPS, David Noble says of the partnership, “This is an excellent development in our partnership with Dun&Bradstreet. Risk permeates every aspect of procurement and supply chain management and the level or type of risk can change in a day if there was a natural disaster for instance.

“Though some risks can’t be managed immediately, professionals need access to high-quality and topical data that will help them plan contingencies in the event of those risks that can be foreseen becoming a reality. I can’t stress enough how important data is in the fight to reduce the vulnerability of supply chains we all rely on.”

“We are committed to providing the information and insight to allow CIPS members to anticipate and mitigate global supply chain risk”. Phil McGuire, Leader of Dun & Bradstreet’s Macro Market Insight team.

This knowledge area provides analytical techniques and strategies, to manage operational risk and capitalise on the opportunities that supply chains can bring to business, governments and organisations all over the world.

Ends

Notes to editors:

The Chartered Institute of Procurement & Supply

The Chartered Institute of Procurement & Supply (CIPS) is the world’s largest procurement and supply professional organisation.  It is the worldwide centre of excellence on procurement and supply management issues.  CIPS has a global community of over 114,000 in 150 different countries, including senior business people, high-ranking civil servants and leading academics.  The activities of procurement and supply chain professionals have a major impact on the profitability and efficiency of all types of organisation and CIPS offers corporate solutions packages to improve business profitability. 
www.cips.org; @CIPSNews 

dun & bradstreet

(NYSE: DNB) grows the most valuable relationships in business. By uncovering truth and meaning from data, we connect customers with the prospects, suppliers, clients and partners that matter most, and have since 1841. Nearly ninety percent of the Fortune 500, and companies of every size around the world, rely on our data, insights and analytics.

Intelligent Information

D&B is the leading provider of business information for risk management, sales & marketing, supply management decisions worldwide. More than 100,000 companies rely on D&B to provide the insight they need to help build profitable, quality business relationships with their customers, suppliers and business partners.

The most comprehensive Global Database of its kind

We have global data coverage on business records in over 200 countries. To help ensure the accuracy and completeness of our information, we use sophisticated data collection tools and update our database over 1.5 million times a day.

Press contacts: Trudy Salandiak, CIPS; Trudy.salandiak@cips.org; +44 (0) 1780 761576; 07554 400 731.

 

 

 

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