Risk? Resilience? Or Both?
The environment in which most businesses operate has seen increased volatility over the last half a decade, and a prediction of more to come. The business impact of this volatility has meant that supply chains, specifically supply chain risk, are now very much on the executive agenda. But embedding resilience is rarely as simple as it looks on paper and demands complex trade-offs across a growing set of priorities, including cost, risk, sustainability, and customer responsiveness.
“future commercial advantage will be for those who adopt a risk and resilience model that is centered around value chain transparency.”
Avoid adverse financial and operational impact
Organizations have different levels of risk appetite. Other supply chains have additional (risk) dynamics. Different buyer groups care about different things when making a purchase. At Proxima, we work with you to develop supply chain risk frameworks and approaches that reflect this, and we support the creation of complementary resilience strategies to ensure that supply sources and relationships are aligned. We aim to make supply chains transparent and make risk management an appropriate part of your organizational DNA and decision-making.
- Mapping visibility of organizational and supply chain risk, in and beyond Tier 1 and 2 suppliers
- Best practice tools, templates, frameworks, and methodologies to determine and reflect your risk profile
- Insight-led strategy development aligned to business goals to improve resilience within your supply base.
Proxima’s approach to risk and resilience
Our approach combines strategy, transformation, and sourcing expertise to ensure you don’t just draw up what you want. You achieve it. Our team will help you define your risk appetite, assess your risk priorities, and establish organizational accountability to ensure a successful implementation. Along the way, we use our industry expertise to redefine processes, policies, and reporting to reflect this new approach and work with your team and suppliers where required to embed.
- Cross sector and business experience to bring an external perspective and ideas to your approach.
- Proprietary tools and partner solutions (or support to source) to enable mapping, reporting and more complex risk programs.
- A pragmatic approach that reflects the realities of what can be best achieved today.