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Risk Management with Regard to Purchasing

In: The Strategic Procurement Practice Guide

Author

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  • Ulrich Weigel
  • Marco Ruecker

Abstract

This chapter provides an overview of the importance and necessity of risk management especially with regard to Purchasing, our main topic. Readers shall learn to identify, evaluate, manage, and control risks with the aid of a systematic procedure. And last but not least, the essential urgency of risk-controlling measures is underlined with respect to supply relations: measures by which these risks can be reduced and managed preventively.

Suggested Citation

  • Ulrich Weigel & Marco Ruecker, 2017. "Risk Management with Regard to Purchasing," Management for Professionals, in: The Strategic Procurement Practice Guide, chapter 6, pages 87-107, Springer.
  • Handle: RePEc:spr:mgmchp:978-3-319-57651-0_6
    DOI: 10.1007/978-3-319-57651-0_6
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