Reducing Supplier Risk【外文原文】.pdf

RISK MANAGEMENT
Reducing
Supplier Risk
How Finance and In fall 2008, the world witnessed on a grand scale what
Procurement can work happens panies that we thought were solid insti-
together to manage tutions are in fact in grave danger of going under. While the
working capital, enforce financial behemoths shook the foundation of our financial
controls, and formulate system to the core and the impact rippled throughout the
corporate strategy world, the events taking place underscored two major
lessons: that appearances can be incredibly deceiving and
By Ari Salonen
that we’re vulnerable if we don’t find out what’s really going
on beneath the surface.
June 2010 I STRATEGIC FINANCE 41
RISK MANAGEMENT
We should also heed these lessons in the supply chain. right balance. When suppliers are forced to umb to
Supplier risk is a critical issue in today’s economic envi- unrealistic demands and significantly reduce prices, it
ronment where the financial status of suppliers can may impact their cash flow, profitability, or even their
change rapidly, often without much apparent warning. viability. In the CFO and CPO interviews, we found that
Supplier issues can lead to quality problems, difficulties the majority are aware of the instability in the supply
delivering the quantity of goods on time, or even chain caused by constant cost-cutting efforts, and th