CLICK TO WATCH : ‘ MANAGING RISK IN THE SUPPLY CHAIN ’ 29
“ Supplier risk , fraud risk , bribery risk , delivery risk . Even managing risk in contracts is important . Coordinating with the legal department to achieve decreased risk or payments , all of this impacts supply chain decisions .” Another risk is spending outside the normal procurement policy , which Nehme refers to as ‘ dark purchasing ’. “ We successfully managed to reduce this by helping internal stakeholders realise the importance of aligning with SCM and avoid this type of purchasing .” Supplier relationship management ( SRM ) is undoubtedly one of the most
important tasks for a supply chain department . “ Making suppliers and business happy is the key to success for any supply chain expert or professional ,” Nehme explains . “ The partners we have locally and internationally are why we are successful . We build relationships with suppliers in different industries , focusing on encouraging local suppliers to invest more in the telecom industry . Mannai is a strategic partner in IT , lately it has been choosen as Best Oracle Partner at Oracle Open World in Dubai . We also have suppliers in the
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