PITTSBURGH, April 15, 2014 /PRNewswire-iReach/ -- Directworks, a leading provider of direct materials sourcing and supplier management software, will host a webinar entitled "Managing Supplier Risk - A Manufacturer's Conundrum" on April 30, 2014 from 2:00 - 3:00 pm ET.
Supplier risk management is top of mind for many manufacturers because of their growing dependency on suppliers for product components. Supplier risk is introduced through geopolitical concerns, natural disasters, unpredictable demand fluctuations, and even the unintended consequences of traditional LEAN principles. While most companies agree that risk identification and management is crucial to their success, many manufacturers struggle to put an effective supplier risk mitigation program in place. In this webinar, attendees will be introduced to a five stage risk management methodology for manufacturers that covers:
-- The identification and prioritization of the right risk factors -- The importance of gathering the right data -- Best practices, processes and technology to enable success.
"Supplier-related risk comes in many forms, from capacity shortfalls to compliance failures," said Greg Anderson, President of Directworks, "Our customers are adopting more holistic, data-driven approaches to identify and manage their supplier risk."
Manufacturers are encouraged to register for the webinar at http://www.directworks.com/Supplier-Risk-Webinar
Directworks provides cloud-based software solutions purpose-built for manufacturers to improve supplier collaboration, total cost visibility, and the efficiency of sourcing and supplier management activities. Leading manufacturers use Directworks to accelerate product launches, expand margins, and optimize their direct materials supply chain for cost, performance, and risk. Learn more about Directworks at www.directworks.com.
Media Contact: Michael Cross, Directworks, 7249331180, email@example.com
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