Aravo Solutions - Integrated Risk & Resilience’s Post

Argon & Co Asia are proud to be a partner of the upcoming Procurement Leaders | A World 50 Group Community, Asia Pacific Procurement Congress 2023, taking place next Wednesday & Thursday (8th & 9th November) in Singapore. The must-attend event for CPO's and senior procurement professionals will showcase leading examples of how businesses can translate their quest for value into impact and provide attendees with the actions they need to understand how recent events have changed organizational strategy and what this means for procurement.   During day 2 of the congress we'll be leading an interactive workshop during the CPO Challenger session. Join us as we explore the critical topic of "3rd party risk management: Can procurement take the lead?" Hosted by the esteemed Andrea Carnino, our discussion will delve into the following key points: ✅ What are the main types of risk procurement teams are focused on? ✅ How is procurement collaborating with the enterprise risk and finance functions? What other functions are involved? ✅ Should procurement own 3PRM, and if so, how can we get there? ✅ How should teams prepare? What is most important to focus on? Don't miss this opportunity to gain valuable insights and be part of the conversation, find out more and register here: https://lnkd.in/ghCgw6pt

A STEEPLED analysis provides a comprehensive view of the external environment and helps procurement professionals make informed decisions, anticipate potential risks, and identify opportunities. It is a valuable tool for strategic procurement planning and risk management to assess and evaluate external factors that may impact the organization's procurement decisions and processes. #Supply_chain #negotiation #procurement #purchasing #leadership #inspiration #productivity #Planning #STEEPLED #CIPS 

Introducing the Lean-Agile Procurement Alliance - a global team dedicated to revolutionizing procurement practices. Our approach is designed to deliver happy stakeholders, significant time to value savings (300-400%), and effective risk mitigation. If you have an urgent need to procure something complex in a short amount of time, we can help. Give us a shout and experience the difference. #LeanAgileProcurement #GlobalTeam #ProcurementRevolution #HappyStakeholders #TimeToValueSavings #RiskMitigation Mirko Kleiner Marcus Ward Sophie DURAND Avi Schneier Pathphind Mattias Skarin Simon Reindl Paolo Sammicheli Hugo Lourenco Nicola Stephens Ivan Dubrovin Philipp Engstler

5 easy steps for proactive risk management in procurement. (and it costs $0 to implement) → Attend webinars and virtual conferences on procurement. → Join procurement and supply chain LinkedIn groups. → Engage in community forums for real-time advice. → Network with peers for insights and solutions. → Follow industry news and updates daily. Scrambling to understand which of your orders/suppliers are exposed to delays and to what extent? Here’s a post that might bring a smile to your face. 😀 ________ Please consider reposting this with your network, if it helps ♻️

**Expand Your Expertise in Supply Chain Risk Management with our Supply Chain Risk Management Course** Join us for an immersive 1.5-day course designed to equip professionals with the knowledge to identify, mitigate, and measure potential supply chain disruptions.   🔍 Course Highlights **Comprehensive Understanding**: Develop a broad perspective on potential risks to your company's supply chain. **Cross-Functional Strategies**: Learn to build effective Supply Chain Risk Management frameworks applicable to your business. **Actionable Insights**: Gain practical knowledge to improve your company's resilience without significant investments.   🎓 Who Should Attend? - CFOs, supply chain, finance, marketing, and sales executives - Supply chain managers, consultants, planners, and engineers - Inventory, procurement, sourcing, and transportation professionals   💡 No Prerequisites Required: Open to all professionals seeking to enhance their strategic planning capabilities. https://lnkd.in/epRZ2zve

🌐 Unlocking the Potential of Specified Supply Chain Due Diligence (SCDD) Services! 🌐 At Centry Global, we offer groundbreaking solutions that can transform your supply chain management. 💼 Our SCDD services serve as the foundation, ensuring the security and efficiency of your supply chain, all while being tailored to your specific needs. 🌟 We cover everything from Industrial Security Management to Incident Response, Engineering, Procurement, Construction, and comprehensive Corporate Risk Management. 🚀 With Centry Global by your side, your organization gains the confidence and resilience to navigate the complexities of any industry. 🛡️ Select Centry Global for a supply chain that's more secure, resilient, and optimized. Let's embark on this journey together! 💪 #SCDD #SupplyChainSecurity #RiskManagement #BusinessResilience

🚀 Embrace the Future: The business landscape is evolving faster than ever, and so is the role of procurement! Companies are now urging their purchasing teams to take on a more strategic role. Our Procurement and Sourcing offering is designed to help you build a future-proof procurement organization. And third-party risk management is an important ingredient! #Procurement #Sourcing #StrategicPartnership #Third-party risk management

The #1 goal of strategic sourcing is *not* cost savings. Shocked? Hear me out. The reason is that focusing solely on cost savings is short-term thinking. The goal of strategic sourcing is to create long-term value. This includes: - Supplier development - Risk management - Innovation - Sustainability - Supplier relationship management This multifaceted approach focuses on the long-term success of your organization. Sure, cost savings is a part of it, but it's not the end-all-be-all. So, next time you're working on a strategic sourcing project, remember the bigger picture. Signed, A Strategic Sourcing Manager

Procurement is a crucial aspect of any successful business. It plays a pivotal role in shaping the future success of businesses by influencing cost management, risk mitigation, supplier relationships, and overall operational efficiency. Organizations that prioritize procurement are better positioned to navigate the ever-changing business landscape and remain competitive. #Procurement #BusinessSuccess #CostManagement #RiskMitigation #SupplierRelationships #OperationalEfficiency

Marvelous!！Today's main task: I will attend a sharing session hosted by the company, where I will gain knowledge and experience on best practices in supply chain management, procurement strategies and risk management. I am very happy to learn some of the latest Procurement strategy and technology. 💼