{"id":10110,"date":"2017-12-04T23:08:26","date_gmt":"2017-12-04T23:08:26","guid":{"rendered":"https:\/\/ensolva.coming-soon.info\/?p=10110"},"modified":"2017-12-04T23:08:26","modified_gmt":"2017-12-04T23:08:26","slug":"risk-management-in-the-supply-chain","status":"publish","type":"post","link":"https:\/\/ensolva.com\/hr\/risk-management-in-the-supply-chain\/","title":{"rendered":"Risk Management in the Supply Chain"},"content":{"rendered":"
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\u201cRisk comes from not knowing what you’re doing.\u201d<\/em><\/strong>
\n(W. Buffet)<\/em><\/p>\n<\/blockquote>\n

Risk Management in the Supply Chain<\/h1>\n

The main risk of the 21st century is lack of knowledge! If we don\u2019t have enough knowledge of our procurement department and our company in general, it is very likely for us to become run over by the competition before even becoming aware of it. We have already emphasized the importance of strategic procurement, but in fact, the most important goal of this business approach is risk management. Risk management begins with risk analysis, which is a process of identifying potential situations where things can go wrong and predicting the probability for each one of them to occur. This way, risky situations can be reduced to a minimum. However, if it comes to them, the company won\u2019t have to make ad hoc decisions because all situations will be clearly and strategically defined.<\/p>\n

Strategic planning can be defined as a perspective for the future, which analyzes the present and creates expectations for future situations. It defines the direction and means for achieving goals set (also called mission). Risk analysis is a part of the process of strategic procurement development, but also of the development of companies as a whole. A well-defined analysis methodology enables timely identification of potential risks and their objective estimation.<\/p>\n

A good strategic plan should:<\/p>\n