What Every Procurement Professional Should Know About Supplier and Supply Chain Risk
Risk is identified as one of the six mega trends in the business world today. Risk management is imperative, but also highly complex. Navigating the sea of uncertainty can be a very daunting task. This session provided an overview of a cognitive system that enables a partnership between people and computers, thereby enhancing and scaling human expertise. With the use of a technology like this, procurement can approach risk management using big data and analytics and ultimately begin to uncover, manage, and mitigate supplier and supply chain risk.
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Risk is identified as one of the six mega trends in the business world today. Risk management is imperative, but also highly complex. Navigating the sea of uncertainty can be a very daunting task. This session provided an overview of a cognitive system that enables a partnership between people and computers, thereby enhancing and scaling human expertise. With the use of a technology like this, procurement can approach risk management using big data and analytics and ultimately begin to uncover, manage, and mitigate supplier and supply chain risk.