Skip to main content

Supplier Risk Analysis - How Much is too Too Much

Recently I come across a good article on procurement leaders blog, talking about real simple but fundamental questionif supplier risk reasearch is waste of time

Its quite interesting and simple question that David explained by taking 2 CPO examples where one thinks in going in details and then plan, whereas one just belives in plans rather than analyzing too much.

Nice to read. I am yet to dive down risk lane. So will come up with detail article sometime next week to talk about this.
Labels:

Comments

  1. PedroJuly 27, 2009 at 2:22 PM

    Fabtastic blog!!!
    Keep the good work!!
    pedro
    www.pedrocgd.blogspot.com

    ReplyDelete

Post a Comment

Popular posts from this blog

Bristlecone Webinar on Supplier Risk Management

Purchasing Magazine, Bristlecone and SAP getting together to bring you very good discussion on supplier risk management. Webinar will be held on June 24, 2 to 3 PM eastern Time, USA. Contributors are - Paul Teague from Purchasing magazine , Jason Buch from spendmatters , Naresh Hingorani from Bristlecone - Supply chain leader company and Padmini Ranganathan from SAP. As we always talk about spend visibility, data issues, strategic sourcing - these distinguised speakers will bring out more strategic views to the table on how all this can be achieved to analyze your business risks better, upfront. You can register for event by accessing this link and register See you there.
Post a Comment
Read more

Master Data Management – Product or Process ?

I have 2 SAP systems and I want to fix my material master, Services Master. I want all that data to be clean, standardized, classified, enriched and load it back to my SAP in next 6 months. What do you suggest ? Chris - one of my key client was explaining during a “solution understanding” call. My sales manager Tom, enthusiastically started talking about new version of the MDM platform by ERP company, tools, technologies, product landscape, licenses etc. After 30 minutes of sales pitch, I could see confusion on Chris’s face clearly. He said - but I don’t want to add any new product in my infrastructure for all this. Can you just implement MDM for me without I adding any new software ?   Both are using MDM implementation as a keyword, but in a completely different context. Chris wants to implement MDM as a process while Tom was trying to sell MDM as a new software. Whats the difference ? Lot I will say. MDM as a product – when you sell a   software license to a...
4 comments
Read more

This is the time look at your data, your Spend Data

Hello Everybody. I was missing the action on this blog since around 4 months now. Actually I was too busy with new data management engagement in my new role. As its a vacation season, its time to gather thoughts and share it..... Hope I will continue... As the title of this blog says "its a time to look at your data, spend data". YES, as everybody is hard pressed for cash in the difficult time like this - where to look for it? I have one answer - Look at your own transactions to see if you can save some there. Lets check what are you spending on, categorise your spend well.Check if you know where you can negotiate with your vendors and go for it. You will amaze to see how you have ignored this point in the past and how much you can save by doing this. My experience tells me that you can get benefit of atleast 5 to 7 % of savings by doing this activity. Wondering how - Keep reading .... Lets make it simple. You have repository of suppliers, and lots of transactions for those s...
3 comments
Read more