Operational Resilience: How Procurement Teams Can Drive Supply Chain Resilience, Security, and Bottom-Line Outcomes

July 21, 2021
White Papers

In a threat-filled world, operational resilience is everyone’s job

Procurement and supply chain disruptions like COVID, SolarWinds, and ransomware attacks have changed how businesses operate. In a complex landscape where relationships are both vital and tenuous, awareness is a huge advantage. The prepared will not be immune to disruption, but they will see it coming, have plans in place to cope with events, and emerge from them as stronger competitors and better businesses.

To learn more, read “Operational Resilience: How Procurement Teams Can Drive Supply Chain Resilience, Security, and Bottom-Line Outcomes.” This white paper goes into detail about what operational resilience means for organizations and their supply chains and how it can be achieved. It will also explain why procurement teams in particular can:

  • Differentiate between agility and operational resilience as short-term and long-term goals, respectively.
  • Collaborate across the organization to contribute to overall organizational resilience.
  • Think beyond onboarding and other narrow objectives to gain insight into a broad range of risk factors.
  • Leverage automation, continuous monitoring, and artificial intelligence to bolster risk management outcomes.

Solve key procurement and supply challenges by prioritizing operational resilience

There’s no substitute for operational resilience. If you can align your organization and its processes to emphasize resilience, you will be able to address both short-term and long-term challenges in a straightforward way. 

By downloading this white paper, you’ll learn: 

  • How to define operational resilience, and the three concepts most closely tied to it. 
  • What goals procurement and supply professionals must prioritize as they manage risk.
  • Important questions to ask your company in the light of recent devastating global disruptions.
  • Why traditional third-party and supply chain risk management methods can’t keep up with the modern global ecosystem — but operational resilience strategies can. 
  • The modern technologies that make resilience possible. 
  • How procurement officials can implement resilience best practices. 
  • The value of creating a Resilience Operations Center for your business.

 

Modern risks demand modern solutions — and the world moves too fast for manual supply chain management strategies. Only cutting-edge technology can keep firms ahead of the latest threats. Once you’ve finished reading the white paper, visit the Interos procurement page to learn how the platform empowers professionals to make smart decisions in real-time. 

 

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Ensure Operational Resilience

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Build operational resiliency into your extended supply chain:

  • 889 compliance – ensure market access
  • Data sharing with 3rd parties and beyond – protect reputation
  • Concentration risk – ensure business continuity
  • Cyber breaches – assess potential exposure
  • Unethical labor – avoid reputational harm
  • On-boarding and monitoring suppliers – save time and money