More support to mitigate risk in supply chains

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The Chartered Institute of Procurement & Supply (CIPS) has partnered with dun & bradstreet (D&B) the leading provider of business information for credit risk management in the area of cross border risk, to provide CIPS members with targeted analysis for supply chain management.

Following the launch of the CIPS Risk Index with D&B in 2014, CIPS is developing more insights and support in the areas of risk management. More than 1000 companies rely on D&B to provide meaningful insight to help build quality business relationships with customers and stakeholders and a dedicated area on the website offers CIPS members access to this valuable data.

The dedicated knowledge area includes insights such as the Risk Index report, Supply Management Solutions and D&B's highly-skilled analysis of developments in global business. With details of videos, webinars, case studies, events and other sources of information, CIPS members receive additional support as part of their membership at no extra cost.

Group CEO, CIPS, David Noble says of the partnership, "This is an excellent development in our partnership with Dun&Bradstreet. Risk permeates every aspect of procurement and supply chain management and the level or type of risk can change in a day if there was a natural disaster for instance.

"Though some risks can't be managed immediately, professionals need access to high-quality and topical data that will help them plan contingencies in the event of those risks that can be foreseen becoming a reality. I can't stress enough how important data is in the fight to reduce the vulnerability of supply chains we all rely on."

"We are committed to providing the information and insight to allow CIPS members to anticipate and mitigate global supply chain risk". Phil McGuire, Leader of Dun & Bradstreet's Macro Market Insight team.

This knowledge area provides analytical techniques and strategies, to manage operational risk and capitalise on the opportunities that supply chains can bring to business, governments and organisations all over the world.