s+b Trend Watch: Sourcing and Risk
In a recent Booz & Company survey, sourcing executives identified the type of risk that has increased most in the last three years: strategic risk, such as that from a misguided expansion or acquisition. Risks as varied as natural disasters, political upheaval, and currency fluctuations — and how those risks are managed — are getting more attention in the C-suite, and supply management executives are at the center of the conversation. In fact, sourcing officers universally report expanded responsibilities.
Sourcing’s Role in Managing Risks, 2010–12