Managing and Assessing Supply Risks
As the economic recovery picks up speed, third-party risk management (TPRM) is more important than ever before. This ProSource edition highlights priorities for achieving operational resilience.
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Trust you're doing well.
It's been 3 years since Procol was officially founded. From a team of 2 to 100 people and managing a little over $500M of spend - we surely have come a long way. I'm full of gratitude to our team, customers, investors - and everyone who ever believed in us.
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Procurement Insights
🚀Unlocking Risk-Free Success in Procurement
Procurement leaders’ focus is swiftly shifting from cost savings to a more complex set of goals: improving supply chain risk mitigation and resiliency; strengthening relationships with strategic supply base partners; increasing transparency; and more.
🌊Implementing Early Warning Systems for Next Procurement Disruption
For procurement leaders at industrial companies, the past 2 years have been difficult. This article describes a holistic approach that companies can use to safeguard their sources of supply and make their organisations resilient.
📌Managing Third-Party Risk Management
Now is a great time for organisations who are currently planning for 2023 to look back on what we learned in the last 2 years to further improve the agility and resilience of their third-party risk management program.
📝Increasing Supply Chain Risk Awareness
To respond to market disruptions effectively, supply chain risk management must be a collaboration between supply chain, procurement, and enterprise risk management (ERM) managers. Here’s the latest supply chain risk management research to help minimise risk.
💡Transition to Sustainable Procurement
Today’s e-procurement leaders are no longer focused on simply automating processes, sourcing contracts, and reducing costs. Instead, they focus on accelerating business performance and digital transformation through digital supply chain programs. Here’s a quick read to build a sustainable procurement cycle in five steps.
Events
🏆Master Class on Supplier Management Excellence
by ISM-India | October 8, 2022
Registration Link
📈Supply Chain Resiliency: Thriving in the Age of Disruption
by Moody’s Analytics | October 12, 2022
Registration Link
🏆25th Annual IT Procurement Summit
by CAUCUS | November 7-8, 2022
Registration Link
🚀Webinar - The Future of Procurement 2022
by Deloitte | November 18, 2022
Registration Link
⚡️Energy Supply Chain and Procurement Summit
by Energy Conference Network | December 6-7, 2022
Registration Link
Job Opportunities
Associate Supply Chain Analyst- Inventory Management - Boeing
Location - Bengaluru, India
Purchasing Specialist at Bechtel Corporation
Location - Vadodara, India
Global Supply & Inventory Planner - Schneider Electric
Location - Bengaluru, India
Senior Professional Procurement - Gainwell Technologies
Location - Chennai, India
Catalogue Enablement Sr. Analyst - BCG
Location - Delhi, India
Procurement Specialist II - Vimeo
Location - Bengaluru, India
Brief introduction
Hi, I am Gaurav Baheti, the CEO of Procol. We help companies transform their procurement process to deliver higher cost savings, reduce turnaround times, and improve visibility. We currently work with 70+ enterprises and manage $500M+ spend.
This is our weekly newsletter where we share crisp insights, hottest jobs, and exciting events in procurement globally.
Ping me at gaurav@procol.in to chat or connect on LinkedIn.