Risk & Resilience Management

Crisis Resilience focuses on preparing for and quickly reacting to disruptions. This includes Business Continuity and Crisis Response Planning (BCP and CRP), which involves both strategic approaches to proactively manage risks and ad-hoc measures in threatening situations. These practices ensure operational continuity and minimise financial losses during crises.

Supplier Risk Management emphasises gaining comprehensive insights into the supply chain to mitigate risks. This includes Supply Chain N-tier Visibility, which allows monitoring of suppliers at every level, and Supply Chain Resilience Audits to assess and improve the robustness of supply chains. These practices enhance transparency and enable proactive risk management.

Sourcing Agility is about maintaining flexibility in supply chain contracts and partnerships. This includes Risk-shared Partnerships, which distribute risks and benefits among partners, and Flexible Contracting, which allows dynamic adjustment of contracts based on current needs. These approaches foster adaptability and resilience in a dynamic environment.

Outsourcing procurement functions to specialised service providers enhances efficiency and allows companies to focus on core competencies. This model leverages the expertise of service providers, leading to cost savings, improved procurement processes, and increased agility in responding to market changes. Procurement-as-a-Service enables organisations to benefit from these advantages without maintaining extensive in-house procurement teams.

Inflation Management involves strategies to mitigate the impact of inflation on supply chain costs. This includes strategic Hedging, which uses financial instruments to lock in prices, and Working Capital Management, which optimises the cash flow and financial stability of the supply chain. These methods help manage cost volatility and ensure financial predictability.