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An organisation's ability to identify and mitigate supply chain risks is crucial for sustainable growth and business resilience. At Flexolutions, we help build capacity in Supply Chain Risk Management and Sustainability. Think Capacity Building, Think Flexolutions! #Supplychainmanagement #riskmanagement #sustainability #businessresilience #capacitybuilding #flexolutions #sustainablegrowth #hrsolutions #staffgrowth #businessgrowth

An organisation's ability to identify and mitigate supply chain risks is crucial for sustainable growth and business resilience. At Flexolutions, we help build capacity in Supply Chain Risk Management and Sustainability. Think Capacity Building, Think Flexolutions! #Supplychainmanagement #riskmanagement #sustainability #businessresilience #capacitybuilding #flexolutions #sustainablegrowth #hrsolutions #staffgrowth #businessgrowth

Healthcare supply chains balance innovation, compliance, and efficiency to ensure seamless operations —offering valuable insights for other sectors to strengthen risk management and operational efficiency. Want to boost your supply chain's resistance? Here's a look into the industry's best-kept secrets

Procurement can be tough, especially for SMEs! Here are 5 key challenges we face: - Lack of transparency in pricing - Inefficient supply chain management - Limited access to reliable suppliers - Insufficient data analysis & industry insights - Inadequate risk management What challenges do you face? Share your experiences! #ProcurementChallenges #SMEgrowth #SupplyChainOptimization

As agribusiness faces increasing global challenges, executives must prioritize supply chain resilience. Implementing strategies in risk management, diversification, and adaptability is essential for maintaining a competitive edge.

Choosing a sourcing partner is a big decision that impacts your entire supply chain. Here are questions to ensure you’re making the right choice: Do they understand my industry and specific needs? How transparent is their supply chain? Can they scale with my business? What risk management measures do they offer? Do they prioritize sustainability? These questions can help you find a partner who aligns with your goals. BSS Connections ensures every answer checks out. Let’s help you make the best sourcing decision! #StrategicSourcing #SupplyChainSolutions #BSSConnections https://lnkd.in/ewQBzUXA

Can you explain what risk appetite is? It refers to the level of risk your business can handle in pursuit of its objectives. It represents the organization's willingness to take risks to achieve its goals while considering potential rewards and negative consequences. Risk appetite varies from one organization to another and is influenced by industry, regulatory requirements, and organizational culture. #Riskmanagement #projectmanagement #Riskappetite 

Proactive risk management is essential to reducing disruption in ocean freight, embracing risk (not just mitigating), and successfully building an anti-fragile supply chain.  Change is inevitable in modern supply chain management, and risk management is essential to success. As the past six months alone have shown, risks evolve and become more prevalent with time. Risk management strategies of yesteryear are ineffective in this changing landscape, and no mode of transport can avoid risks.  A poor grasp of risk in your supply chain will increase freight spend, jeopardize relationships with suppliers and customers, and see you miss opportunities as the market moves. Not to mention, you’ll be exposing yourself to unnecessary and entirely avoidable disruption.   For Business Related Talks - buff.ly/3QMYSjk #CETACEAUNIVERSITY #US #GLOBALECONOMICPULSE #2024 #SUPPLYCHAIN #SUPPLYCHAINMANAGEMENT #DISRUPTION #LOGISTICSANDSUPPLYCHAIN

Risk function and strategic decision-making How often would the risk function in organizations in your industry or sector inform strategic decision-making with respect to

Does anyone remember the Kiplinger report? I loved it because it was a concise reading of current events. The report you can find on the Lehigh Center webpage reminds me very much of that. The opportunity seems to be that we can share it and discuss it with our colleagues and determine if and what we need to do. well worth taking a look at #risk #supplychain #supplychainmanagement