1. Procurement and risk : the big picture -- 2. External dependencies -- 3. Market conditions and behaviours -- 4. Procurement process -- 5. Management controls -- 6. Handling the unexpected -- 7. Procurement risk management : an integrated approach.

Typically, much less regard is paid to external suppliers and the risk present when dealing with them. As a minimum, suppliers are the sources of materials, services and expert attention which enables the company to feed its business model. When done well, a high-performance risk-aware...