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Risk

Findings from The Deloitte Global CPO Survey 2013

Risk is one of the hot topics in the procurement and supply chain world at present. Over 50% of procurement leaders stated that they believed procurement related risks were increasing.

Key Findings:

  • 50% of CPOS said risk has increased over the last 12 months, compared to 5% who stated it had decreased;
  • The main risks that were of concern were reputational, regulatory and service delivery risks, although this varies by industry: E.g. life sciences – reputational; FSI - regulatory; manufacturing - commodity price volatility;
  • Overall 12% reported there was no owner for risk in their organisation;
  • Only 9% indicated Procurement as the main owner for risk;
  • Vast majority of CPOs indicated that they are involved in risk management, but limited to infrequent involvement such as attending meetings;
  • The sorts of management techniques in place are focused on policy and process governance.


Kristian Park, Partner
Deloitte

 


Daniel Crease, Global Head of Outsourcing and Supplier Management
HSBC

The Deloitte CPO Survey home

Further information

Read the full report
Responses from more than 180 CPOs globally.
View the infographic
85% see new product or market development as a priority.

Chapters

View from the market
What happens after the 'green shoots' of recovery.
Business Partnering
Partnering not process; creating the right agenda.
Risk
Risk accountability; more often, more expensive.
Talent
Tomorrow's talent; broader skills required.
The Digital Age
Technology remains a high priority for CPOs.

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