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Risk Management

Browse all our articles on mitigating risk, from strategies from global procurement leaders to insights on the forces shaping global business.

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Tariffs and trade wars: cool heads needed

4 February 2025

CIPS chief executive Ben Farrell analyses the impact on global supply chains of US tariffs on China, Canada, Mexico and beyond.

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Q3 pulse results: Threat of recession and cyber-attacks could replace geopolitical risks

31 August 2024

The risk of inflation is gradually easing, but growing concerns about a recession are emerging in its place, says CIPS global economist Dr John Glen.

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Building a cost-conscious culture: how Just Eat's procurement strategy drives success

8 July 2024

If procurement is to deliver on strategy then it will have to build the culture to support it first, according to Just Eat group procurement director John Butcher.

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The seven skills of strategic foresight

20 June 2024

The ability to think strategically about the long-term future is something that can be nurtured, says organisational psychologist and futurist Graham Norris.

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How to be a cyber security hero

20 June 2024

Procurement professionals face an almost impossible task of achieving best value. This ask is at the fore in projects involving Operational Technology IoT software, where cyber security resilience must be addressed.

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Agree service levels, not just price

6 June 2024

Eniko Kato, former director of indirect global procurement at SHV Energy, recalls leading a complex negotiation in the fast-moving consumer goods sector.

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Future-proofing fashion’s supply chain: what we can learn from 4 sustainable brands

6 June 2024

As fashion’s climate problem reaches a tipping point, we take a look at the key players making strides to reduce their impact on the planet.

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How to handle the risky business of celebrity partnerships

23 May 2024

Teaming up with a star can catapult a brand to a whole new level of success, or prove costly when they go wrong. Experts reveal how to keep such contracts lucrative and everyone happy.

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The TikTok effect: redesigning the supply chain to handle viral sales trends

23 May 2024

Whether it’s a pair of Adidas Samba trainers or a dupe for a high-end beauty product, TikTok has the power to propel products to sell-out status in a matter of seconds.

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Will the EU have its own nearshoring miracle?

9 May 2024

Monterrey has become the epicentre of Mexico’s nearshoring boom. Will the EU have its own nearshoring miracleasks CIPS economist Dr John Glen.

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Climate change and modern slavery: A new supply chain risk vector?

18 April 2024

The link between climate change and modern slavery is becoming more apparent. Procurement and supply professionals must dig deeper into their supply chains and go beyond the data to address the evolving risks.

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Procuring giga-projects – Saudi Arabia’s journey to localisation

8 April 2024

Creating Saudi Arabia’s giga-projects has brought unprecedented challenges to procurement and supply chain professionals in the Kingdom. Is localisation the long-term solution?

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Building supply chain resilience at Vodafone

28 March 2024

Vodafone’s Ninian Wilson shares how diversification, healthy inventory levels and an intimate understanding of its suppliers have acted as a shock absorber for global disruption.

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Global trade in flux: inside Mexico’s nearshoring boom

27 February 2024

Tesla, Unilever, Kia, Foxconn and Lego are poised to make substantial investments in Monterrey, the city at the heart of Mexico’s nearshoring masterplan.

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How Pfizer diversified its supply chain

26 February 2024

Pfizer set out to dramatically increase its spend with diverse suppliers – but first it needed to identify them.

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Retailers turn to nearshoring

23 February 2024

ASOS, Boohoo and Next confirm plans to nearshore production in response to the Red Sea crisis.

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Nearshoring isn't a simple plug-and-play strategy

23 February 2024

Volatile times have produced ripe conditions for nearshoring, but this doesn’t represent a real uncoupling of East and West, explains CIPS economist John Glen.

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Disaster stories What happens when procurement is sidelined

2 February 2024

What can go wrong when procurement is left out of the loop? Three professionals share their disaster stories, and give advice to prevent it from happening to you.

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What you need to know about the dual supply fallacy

10 November 2023

Diversifying your supply chain doesn't necessarily mitigate risks, explains Ben Fricke, Procurement and Supply Chain Director at Whitbread.

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Predicting the unpredictable: 11 strategies to mitigate risk

10 November 2023

Global procurement leaders share smart insights about mitigating risk and building resilience.

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Procurement and supply in a ‘polycrisis world’

25 October 2023

What will 2024 look like? The good news is, inflation is coming under control and interest rates are stabilising. But we’re also seeing a reconfiguring of global trade.

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Inflation in 2024: where are we headed?

23 October 2023

CIPS’ chief economist John Glen discusses the macroeconomic forces shaping procurement and supply, and the need to return to the ‘micro-fundamentals’ of business.

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Economic outlook
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Nearshoring
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Operations Management
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Procurement Best Practice
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Risk Management
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Sustainability
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Supply Chain Management
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Technology
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The Influence of Procurement
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