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Risk Analysis and Management


Risk analysis and management are techniques applied to ensure that contracts are successful. By adopting a ‘what-if’ mind-set it allows procurement to identify and assess the risks and prioritises them by aligning relevant resources to monitor, control and minimise or overcome the impact.

CIPS Procurement Topic

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French election victory reduces supply chain risk in Europe

Date: Tuesday, August 01, 2017

Positive developments in Western and Central Europe put downward pressure on global supply chain risk, but were also counteracted slightly by an increase in risk in the Middle East and North Africa.

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A game changer - what do you know about game theory?

Date: Tuesday, July 11, 2017

New CIPS Knowledge partners invite professionals to share their thoughts on game theory in return for knowledge and rewards

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Global supply chains increasingly disrupted by both physical and ideological battles

Date: Tuesday, May 23, 2017

Q1 2017 has also seen an escalation in the ideological conflict between globalisation and economic nationalism, with the British Prime Minister, Theresa May’s, visit to the White House in January 2017 symbolic of the shift in emphasis from multilateral to bilateral trade...

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Free risk and resilience online tool launched to help procurement professionals build resilience in their own supply chains

Date: Wednesday, April 26, 2017

CIPS has launched a free online tool to support procurement and supply management professionals and those with an interest in buying to develop resilience in their own supply chains. 

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2016 the year of economic nationalism as supply chain risk reaches record high

Date: Monday, February 13, 2017

Global supply chain risk grew to a record high at the end of 2016.

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Related training course

Procurement risk management

Date:

Thursday 09 November 2017

Venue:

De Vere Colmore Gate

Address:

Birmingham

Fee:

Members - £720.00 per person
Non-members - £800.00 per person

View Course

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Related concepts

Supply Chain Risk Management (SCRM)

Risk management ... should be about lessening the impact of what we don’t understand - not a futile attempt to develop sophisticated techniques and stories that perpetuate our illusions...

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Supply Chain Security Management

... It's essential to have a disciplined process in place to identify, prioritise, and manage the wide range of risks that can impact your supply chain (Dittman)

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Risk Management in Purchasing and Supply Management

Minimizing risk is crucial for anyone in charge of a complex system, and traditional approaches aren’t good enough (Sargut and McGrath)

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