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Gartner Blog Network - Debbie Wilson: Procurement Risk Management

November 11th, 2008 · 1 Comment

One of procurement’s lesser known jobs is risk management – taking proactive steps to prepare for rainy day supply-disrupting events such as earthquakes, supplier bankruptcies and acquisitions. Risk management is as much an art as it is a science, because success requires broad contemplation concerning what could go wrong and how likely each potential disaster is, and planning fully for every possible problem is simply not practical.

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