Proactive Supplier Risk Management in Procurement

Procurement leaders today don’t just manage costs—they manage risk.

And in a world where 84% of companies faced supply chain disruptions last year, the difference between resilience and disruption is a proactive supplier risk management strategy.

This guide is designed to help procurement professionals transform risk management from a compliance necessity into a competitive advantage. Through a strategic framework, technology-driven insights, and industry best practices, you’ll learn how to identify risk, prioritize mitigation actions, build stronger supplier relationships, and drive a sustainable supply chain.

What You’ll Learn

• Understanding Supplier Risk – Identifying and managing key risk categories, from financial health to cybersecurity vulnerabilities.
• Building a Proactive Risk Management Framework – Moving from reactive responses to predictive, structured approaches.
• Harnessing Data to Transform Insights into Action – Leveraging AI, automation, and data analytics to monitor and mitigate risks.
• Practical Tools and Best Practices – Strengthening contracts, improving supplier collaboration, and refining risk policies.
• Measuring Success – Key performance metrics and continuous improvement strategies for a resilient procurement function.