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Tag: supplier risk

Procurement management

Procurement and web crawlers – introduction

Supplier information is spread across company websites, business registers, certification databases, news sources, trade publications and social media. Finding and reviewing this information manually can consume a substantial amount of a buyer’s time. Web crawling, web scraping and supplier-intelligence platforms can help procurement teams collect and organise external information more efficiently. They can support the…

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Procurement management

Risk Management Practices in Procurement: How to Keep Supplier Risk Under Control

A supplier may first look stable, but later show signs of capacity constraints, financial pressure, quality issues, weak delivery performance, technical limitations, compliance gaps, or dependency on fragile sub-suppliers. For a procurement manager, the challenge is not only to react when something goes wrong. The challenge is to keep track of supply chain risk in a structured way before the risk becomes a business problem.

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Tactical procurement

Contract Clause Basics: A Buyer’s First Step to Confident Contracting

Many buyers feel comfortable discussing price, delivery time, specifications, payment terms, and supplier performance. But when the contract arrives, confidence often drops. The language becomes more formal. The clauses become longer. Legal terms appear. The buyer may recognize words such as liability, indemnification, force majeure, warranty, termination, and governing law, but still be unsure what they mean in practice. That is…

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Tactical procurement

Supplier Code of Conduct: From Policy to Supplier Compliance

Having a Supplier Code of Conduct is no longer unusual. For many companies, it is expected. Customers, owners, regulators, employees, and business partners increasingly expect companies to know how suppliers behave in areas such as human rights, labour conditions, health and safety, environment, anti-corruption, data protection, and business ethics. But this creates a practical procurement…

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