{"id":89654,"date":"2019-07-07T14:47:41","date_gmt":"2019-07-07T12:47:41","guid":{"rendered":"https:\/\/www.KGM Strategy.com\/?p=89654"},"modified":"2024-12-09T18:17:03","modified_gmt":"2024-12-09T17:17:03","slug":"smi-01-risk-management","status":"publish","type":"post","link":"https:\/\/www.KGM Strategy.com\/en\/insights\/smi-01\/risk-management\/","title":{"rendered":"SMI 01 | Risk Management"},"content":{"rendered":"    <aside class=\"related-articles\" style=border-color:#daedea>\n        <span class=\"related-articles-button\" style=border-color:#daedea> Further articles <\/span>\n        <h3 class=\"related-articles-title\"> Further articles <\/h3>\n        <div class=\"related-articles-content\">\n            <div class=\"row horizontal-gap\">\n                                    <div class=\"article-box col-6 col-sm-4 col-md-12\">\n                        <a href=\"https:\/\/www.KGM Strategy.com\/en\/insights\/smi-01\/\" class=\"article\" target=\"_blank\">\n                            <img decoding=\"async\" src=\"https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2022\/06\/vorschau-capex-titelstory-325x450.png\" class=\"img-fluid\" loading=\"lazy\" \/>\n                            <div class=\"overlay\"><\/div>\n                        <\/a>\n                    <\/div>\n                                    <div class=\"article-box col-6 col-sm-4 col-md-12\">\n                        <a href=\"https:\/\/www.KGM Strategy.com\/en\/insights\/smi-01\/managings-contractors\/\" class=\"article\" target=\"_blank\">\n                            <img decoding=\"async\" src=\"https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2022\/06\/Contractor-Management_Cover-en-325x450.jpg\" class=\"img-fluid\" loading=\"lazy\" \/>\n                            <div class=\"overlay\"><\/div>\n                        <\/a>\n                    <\/div>\n                                    <div class=\"article-box col-6 col-sm-4 col-md-12\">\n                        <a href=\"https:\/\/www.KGM Strategy.com\/en\/insights\/smi-01\/company-news\/\" class=\"article\" target=\"_blank\">\n                            <img decoding=\"async\" src=\"https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2022\/06\/Company-News-Cover-en-325x450.jpg\" class=\"img-fluid\" loading=\"lazy\" \/>\n                            <div class=\"overlay\"><\/div>\n                        <\/a>\n                    <\/div>\n                            <\/div>\n        <\/div>\n    <\/aside>\n\n\n<p><div class='container  py-3'><div class=\"row \"><div class=\"col-lg-12\"><h2>Recent Survey on Risk Management in Procurement<\/h2>\n<p>The global economy is currently looking strained. Increasing protectionism and Brexit in particular represent serious risks for companies with international supply chains.<\/p>\n<p>54 percent of companies surveyed see continuing protectionism as a risk. In addition, 45 percent of managers fear that Brexit will negatively affect their business. That is a spectacular increase compared to last year (17 and 19 percent respectively). However, this increased attention is not surprising. In particular, the date for Brexit is an increasingly more concrete risk and companies must adapt accordingly.<\/p><\/div><\/div><\/div><div class='container  py-3'><div class=\"row \"><div class=\"col-lg-6\"><h3><span style=\"color: #a0d60a;\">Preventing Supply Bottlenecks is a Top Priority<\/span><\/h3>\n<p>Material supply is the procurement risk that is giving companies the biggest headache \u2013 65 percent of respondents named supply risks as their current highest priority in procurement. Concerns surrounding price stability have increased significantly: in the previous year, 35 percent of procurement leaders surveyed saw this as a risk. This figure rose to 48 percent this year, coming second only to materials supply risks.<\/p><\/div><div class=\"col-lg-6\"><h3><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-67993\" src=\"https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2022\/06\/risk-kpis-683x630.png\" alt=\"\" width=\"450\" height=\"415\" srcset=\"https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2022\/06\/risk-kpis-683x630.png 683w, https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2022\/06\/risk-kpis-768x708.png 768w, https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2022\/06\/risk-kpis.png 1221w\" sizes=\"auto, (max-width: 450px) 100vw, 450px\" \/><\/h3><\/div><\/div><\/div><div class='container  py-3'><div class=\"row \"><div class=\"col-lg-12\"><h3><span style=\"color: #a0d60a;\">Questions to Gradually Achieve Holistic Risk Management:<\/span><\/h3>\n<div class=\"container overflow-visible arrow-cards-outer my-3  \">\n    <div class=\"row d-flex flex-wrap align-items-stretch pt-4\">\n                    <div class=\"single-arrow-card order-lg-1 index-0\"\n                style=\"background-color:#67c0b6;\">\n                <div style=\"color:#ffffff;\">\n                    <h3 class=\"headline\" style=\"color:#ffffff;\">\n                        <span style=\"color:#ffffff;\">\n                            Risk-Identfication\n                        <\/span>\n                    <\/h3>\n                    <p>Do you have an overview of potential risks for your supply chain and your company?<\/p>\n\n                <\/div>\n            <\/div>\n                    <div class=\"single-arrow-card order-lg-1 index-1\"\n                style=\"background-color:#a0d60a;\">\n                <div style=\"color:#ffffff;\">\n                    <h3 class=\"headline\" style=\"color:#ffffff;\">\n                        <span style=\"color:#ffffff;\">\n                            Risk-Assessment\n                        <\/span>\n                    <\/h3>\n                    <p>Do you assess risks for suppliers, product groups, and supplier markets in terms of severity of impact and probability of occurrence?<\/p>\n\n                <\/div>\n            <\/div>\n                    <div class=\"single-arrow-card order-lg-3 index-2\"\n                style=\"background-color:#67c0b6;\">\n                <div style=\"color:#ffffff;\">\n                    <h3 class=\"headline\" style=\"color:#ffffff;\">\n                        <span style=\"color:#ffffff;\">\n                            Risk-Management\n                        <\/span>\n                    <\/h3>\n                    <p>Have specific measures been assigned to the risks identified?<\/p>\n\n                <\/div>\n            <\/div>\n                    <div class=\"single-arrow-card order-lg-1 index-3\"\n                style=\"background-color:#a0d60a;\">\n                <div style=\"color:#ffffff;\">\n                    <h3 class=\"headline\" style=\"color:#ffffff;\">\n                        <span style=\"color:#ffffff;\">\n                            Risk-Monitoring\n                        <\/span>\n                    <\/h3>\n                    <p>Do you review your set of measures at regular intervals and do you readjust your risk-reduction strategy to reflect the situation?<\/p>\n\n                <\/div>\n            <\/div>\n            <\/div>\n<\/div>\n\n    <div class=\"container py-4 quote-section type-minimalistic-text  \">\n        <div class=\"row\">\n            <div class=\"col-md-8 text\">\n                                    <p><span style=\"color: #c0e0db;\"><strong>Definition of Measures without Systematic Risk Identification\u00a0<\/strong><\/span><\/p>\n<p>To hedge against these procurement risks, respondents rely on various means. It is striking though that more than three quarters of the companies surveyed (78 percent) do define specific measures, but only 56 percent predetermine which risks they actually want to combat. This may create a discrepancy because it is at least questionable whether the countermeasures taken without prior analysis actually have the desired effect.<\/p>\n\n                            <\/div>\n            <div class=\"col-md-4\">\n                <div class=\"quote fadeIn\">\n                    <i class=\"icon icon-quote fs-1\"><\/i>\n                    <div class=\"text\" style=\"color: #004d91\">\n                        <p>Obviously, the situation in procurement markets has been tense due to the strong economic situation over recent years and because of trade barriers. It remains to be seen whether the current economic downturn will calm things down in the market and whether raw material demand and pricing will change.<\/p>\n\n                    <\/div>\n                <\/div>\n            <\/div>\n        <\/div>\n    <\/div>\n\n<h3><span style=\"color: #a0d60a;\">What Measures are Useful? <\/span><\/h3>\n<p>An individual strategy is needed depending on the business, industry, supply chain and company size: start-ups, for example, will demonstrate a higher risk appetite than owner-managed or incorporated companies, and define various measures accordingly.<\/p>\n<p>&nbsp;<\/p>\n<div class=\"container  \" id=\"ac1\" is=\"accordion\">\n    <div class=\"row accordion\">\n        \n                    <div class=\"accordion col-12\">\n                <div class=\"accordion-header\" id=\"heading-ac1-0\" style=\"background-color:#c0e0db;color:#282828;\">\n                    <button class=\"accordion-button collapsed lightBackground\" type=\"button\" data-bs-toggle=\"collapse\" data-bs-target=\"#collapse-ac1-0\" aria-controls=\"collapse-ac1-0\" aria-expanded=\"false\" style=\"background-color:#c0e0db;color:#282828;\">\n                        <span class=\"accordion-button-label\">\n                             <span>Study Results<\/span>\n                        <\/span>\n                    <\/button>\n                <\/div>\n                <div id=\"collapse-ac1-0\" class=\"accordion-collapse collapse\" aria-labelledby=\"heading-ac1-0\" data-bs-parent=\"#ac1\">\n                    <div class=\"accordion-body\">\n                        <p>In practice, supplier evaluations (81 percent), long-term framework contracts (69 percent), and dual-sourcing strategies (68 percent) are used to manage risks. Compared to the previous year, it is particularly striking that the current political and economic landscape has a negative effect on the willingness to enter into long-term contracts; in the previous year this figure was 77 percent, while the results of the current survey show only 69 percent. In response, an increasing number of companies have built up reserve stocks; 43 percent now have this type of safety net, compared to 35 percent previously. More professional levers, such as predefined emergency plans (24 percent) and support programs for suppliers (22 percent), are only rarely used. These measures are used by less than a quarter of survey participants. Companies should urgently expand their portfolio of measures in this direction to mitigate long-term risk. The more complex a company\u2019s supply chain is, the more important it is to establish strategic approaches to minimize risk.<\/p>\n\n                    <\/div>\n                <\/div>\n            <\/div>\n                    <div class=\"accordion col-12\">\n                <div class=\"accordion-header\" id=\"heading-ac1-1\" style=\"background-color:#d0e0dd;color:#282828;\">\n                    <button class=\"accordion-button collapsed lightBackground\" type=\"button\" data-bs-toggle=\"collapse\" data-bs-target=\"#collapse-ac1-1\" aria-controls=\"collapse-ac1-1\" aria-expanded=\"false\" style=\"background-color:#d0e0dd;color:#282828;\">\n                        <span class=\"accordion-button-label\">\n                             <span>Dual-Sourcing-Strategy<\/span>\n                        <\/span>\n                    <\/button>\n                <\/div>\n                <div id=\"collapse-ac1-1\" class=\"accordion-collapse collapse\" aria-labelledby=\"heading-ac1-1\" data-bs-parent=\"#ac1\">\n                    <div class=\"accordion-body\">\n                        <p>A dual-sourcing strategy for manufacturing parts, for example, can be combined effectively with automated reserve stock control. Incorporating an additional, digital early warning tool can provide a crucial advantage. In a crisis, predefined emergency plans can be used: procurement bottlenecks are bypassed using secondary sourcing, stocks from reserves provide a time buffer, and the early warning system detects any shortage, ideally before it actually occurs, helping to take countermeasures early.<\/p>\n\n                    <\/div>\n                <\/div>\n            <\/div>\n                    <div class=\"accordion col-12\">\n                <div class=\"accordion-header\" id=\"heading-ac1-2\" style=\"background-color:#d9e0de;color:#282828;\">\n                    <button class=\"accordion-button collapsed lightBackground\" type=\"button\" data-bs-toggle=\"collapse\" data-bs-target=\"#collapse-ac1-2\" aria-controls=\"collapse-ac1-2\" aria-expanded=\"false\" style=\"background-color:#d9e0de;color:#282828;\">\n                        <span class=\"accordion-button-label\">\n                             <span>Financial Hedging<\/span>\n                        <\/span>\n                    <\/button>\n                <\/div>\n                <div id=\"collapse-ac1-2\" class=\"accordion-collapse collapse\" aria-labelledby=\"heading-ac1-2\" data-bs-parent=\"#ac1\">\n                    <div class=\"accordion-body\">\n                        <p>Another measure, currently being considered by 22 percent of the survey participants, is mitigating price risks using financial hedging. Compared to the previous year\u2019s figure of 12 percent, the share of companies that rely on this strategy has almost doubled. In future, companies should focus even more on this type of financial instrument to provide comprehensive protection for overall costs. Basic price and exchange rate risks can be outsourced to banks in line with the proverb \u201cforewarned is forearmed\u201d.<\/p>\n\n                    <\/div>\n                <\/div>\n            <\/div>\n            <\/div>\n<\/div>\n\n\n<\/div><\/div><\/div><div class='container  py-3'><div class=\"row \"><div class=\"col-lg-6\"><p>&nbsp;<\/p>\n<p><strong>Do you systematically identify and assess risks?<\/strong><\/p>\n                <div class=\"container is-chart-wrapper   has-animations\">\n            \n    \n    <div class=\"row align-items-center\">\n        <div class=\"col-12 mx-auto col-sm-8 col-md-6\">\n                        <div class=\"position-relative w-100 d-inline-block\">\n                <canvas id=\"chart-2\" class=\"is-chart piechart\" width=\"450\" height=\"450\" aria-hidden=\"true\"><\/canvas>\n            <\/div>\n            <script type=\"application\/javascript\">\n                (function(win, doc) {\n                    const loadChart = () => {\n   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                        38,\n                                                                                        6,\n                                                                                    ],\n                                        backgroundColor: [\n                                                                                        '#004146',\n                                                                                        '#a0d60a',\n                                                                                        '#a0d60a',\n                                                                                    ],\n                                        borderRadius: 30, \/\/ Abrundung der Segmente\n                                        borderWidth: 5, \/\/ Trennung der Segmente\n                                        borderColor: '#ffffff', \/\/ Wei\u00dfe Trennlinien\n                                        hoverBorderColor: '#ffffff', \/\/ 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    }\n                                        },\n                                        datalabels: {\n                                            color: '#000000',\n                                            font: {\n                                                size: 18,\n                                                weight: 'bold'\n                                            },\n                                            formatter: (value, context) => {\n                                                \/\/ Zeigt den Wert mit Prozent\n                                                return context.chart.data.labels[context.dataIndex];\n                                            }\n                                        }\n                                    },\n                                    elements: {\n                                        arc: {\n                                            borderWidth: 5, \/\/ Sichtbare Grenze\n                                            borderRadius: 30, \/\/ Abrundung\n                                        }\n                                    },\n                                }\n                            }\n                        ));\n                    };\n\n                    \/*     win.addEventListener( 'registeredChartJSPluginDataLabels', e => {\n                             console.log('plugins', e.detail);\n                             loadChart(e.detail || []);\n                         } );*\/\n\n                    win.addEventListener( 'registeredChartJSPlugin', e => {\n                        loadChart([]);\n                    } )\n\n                })(window, document);\n            <\/script>\n        <\/div>\n    <\/div>\n        <\/div>\n    \n<p>&nbsp;<\/p><\/div><div class=\"col-lg-6\"><p>&nbsp;<\/p>\n<p><strong>Do you define measures to counter procurement risks?<\/strong><\/p>\n                <div class=\"container is-chart-wrapper   no-animations\">\n            \n    \n    <div class=\"row align-items-center\">\n        <div class=\"col-12 mx-auto col-sm-8 col-md-6\">\n                        <div class=\"position-relative w-100 d-inline-block\">\n                <canvas id=\"chart-3\" class=\"is-chart piechart\" width=\"450\" height=\"450\" aria-hidden=\"true\"><\/canvas>\n            <\/div>\n            <script type=\"application\/javascript\">\n                (function(win, doc) {\n                    const loadChart = () => {\n                        console.log('INIT CHART >>>');\n                        win.charts = win.charts || [];\n\n                        win.charts.push(new Chart(\n                            doc.getElementById('chart-3'),\n                            {\n                                type: 'pie',\n                                data: {\n                                    labels: [\n                                                                                'Yes',\n                                                                                'No',\n                                                                                'Unable to respond',\n                                                                            ],\n                                    datasets: [{\n                                        data: [\n                                                                                        78,\n                                                                                        15,\n                                                                                        7,\n                                                                                    ],\n                                        backgroundColor: [\n                                                                                        '#004146',\n                                                                                        '#a0d60a',\n                                                            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Wert mit Prozent\n                                                return context.chart.data.labels[context.dataIndex];\n                                            }\n                                        }\n                                    },\n                                    elements: {\n                                        arc: {\n                                            borderWidth: 5, \/\/ Sichtbare Grenze\n                                            borderRadius: 30, \/\/ Abrundung\n                                        }\n                                    },\n                                }\n                            }\n                        ));\n                    };\n\n                    \/*     win.addEventListener( 'registeredChartJSPluginDataLabels', e => {\n                             console.log('plugins', e.detail);\n                             loadChart(e.detail || []);\n                         } );*\/\n\n                    win.addEventListener( 'registeredChartJSPlugin', e => {\n                        loadChart([]);\n                    } )\n\n                })(window, document);\n            <\/script>\n        <\/div>\n    <\/div>\n        <\/div>\n    \n<p>&nbsp;<\/p><\/div><\/div><\/div><div class='container  py-3'><div class=\"row \"><div class=\"col-lg-12\"><h3><span style=\"color: #a0d60a;\">Risk Management Requires a Continuous Process<\/span><\/h3>\n<p>If a company has defined individually tailored countermeasures, strategic monitoring procedures must also be implemented. This is because risks and their relevance can change. A holistic risk management process therefore needs to be in place across departments and repeated at regular intervals in order to provide an integrated assessment. With such comprehensive interaction, risks can be identified early and remedied more quickly in an emergency.<\/p>\n\n    <div class=\"container authors-section fadeIn  \" is=\"authors-and-partners\">\n        <div class=\"description row\">\n            <h2>\n                                    Author\n                            <\/h2>\n        <\/div>\n\n        <div class=\"row\">\n                            <div class=\"mb-5 col-md-6 mb-md-0\">\n                    <div class=\"author\">\n                                                    <figure>\n                                <img loading=\"lazy\" decoding=\"async\" width=\"250\" height=\"250\" src=\"https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2021\/08\/MD_Philipp_Mall_350x440-250x250.jpg\" class=\"img-fluid\" alt=\"\" \/>\n                            <\/figure>\n                        \n                        <h3>Philipp Mall<\/h3>\n                        <p class=\"person-position\">System Leader G&A, Italy & China | Managing Director<\/p>\n                                                    <div class=\"short-desc\"><p>is a Managing Director at KGM Strategy in Cologne. As Head of the Competence Center for Procurement Management, he is an expert in procurement organization and controlling, risk management, and digitalization. He is responsible for the annual risk management survey.<\/p>\n<\/div>\n                                                <div class=\"contact-information\">\n                                                                                                <a href=\"mailto:contact@kgmstrategy.com\" class=\"mail-link\">contact@kgmstrategy.com<\/a>\n                                                                                                                                                <\/div>\n                                                    <a href=\"https:\/\/www.KGM Strategy.com\/en\/insights\/smi-01\/risk-management\/\" class=\"btn btn-outline-secondary text-terciary\">Contact<\/a>\n                                            <\/div>\n                <\/div>\n                    <\/div>\n    <\/div>\n\n<p>&nbsp;<\/p>\n<div class=\"icon-boxes  \" data-moduleID=\"67874\" is=\"summary-box\">\n    <div class=\"summary-box-padding overflow-visible\">\n        <div class=\"icon-box has-icon  fadeIn\" style=\"border-color: rgb(103, 192, 182);\" data-animated-icon=\"true\">\n            \n                <div class=\"icon\">\n                    <div class=\"inner\">\n\n                                                                                    <svg id=\"animatedIcon-151825dff700792257a355add2cac1eb\" data-id=\"151825dff700792257a355add2cac1eb\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" x=\"0px\" y=\"0px\" viewBox=\"0 0 64 64\" xml:space=\"preserve\" width=\"75\" height=\"75\">\n                                    <path fill=\"none\" stroke-width=\"2\" stroke=\"#a0d60a\" stroke-miterlimit=\"10\" d=\"M43,16.4c-3.2-3.1-7.4-4.6-11.8-4.4C23,12.4,16.3,19.2,16,27.4c-0.2,5.1,2.1,10,6.1,13.2C24,42,25,44.1,25,46.2V47h6V34.5l-5.5-3.7c-0.5-0.3-0.6-0.9-0.3-1.4c0.3-0.5,0.9-0.6,1.4-0.3l5.4,3.6l5.5-3.6c0.5-0.3,1.1-0.2,1.4,0.3c0.3,0.5,0.2,1.1-0.3,1.4L33,34.5V47h6v-0.8c0-2.2,1-4.2,2.9-5.7C45.8,37.5,48,32.9,48,28C48,23.6,46.2,19.5,43,16.4z\"\/>\n                                    <path d=\"M27,49h-2v5c0,0.5,0.5,1,1,1h1.1h9.8H38c0.5,0,1-0.5,1-1v-5h-2H27z\" fill=\"none\" stroke-width=\"2\" stroke=\"#a0d60a\" stroke-miterlimit=\"10\"\/>\n                                    <path d=\"M32,60c3,0,4-2,4-3h-8C28,58,29,60,32,60z\" fill=\"none\" stroke-width=\"2\" stroke=\"#a0d60a\" stroke-miterlimit=\"10\" \/>\n                                    <line fill=\"none\" stroke-width=\"2\" stroke=\"#a0d60a\" stroke-miterlimit=\"10\" class=\"st0\" x1=\"9.9\" y1=\"10.5\" x2=\"16.4\" y2=\"15.6\"\/>\n                                    <line fill=\"none\" stroke-width=\"2\" stroke=\"#a0d60a\" stroke-miterlimit=\"10\" class=\"st0\" x1=\"47.9\" y1=\"36.6\" x2=\"54.4\" y2=\"41.7\"\/>\n                                    <line fill=\"none\" stroke-width=\"2\" stroke=\"#a0d60a\" stroke-miterlimit=\"10\" class=\"st0\" x1=\"9.5\" y1=\"41.4\" x2=\"15.8\" y2=\"36.1\"\/>\n                                    <line fill=\"none\" stroke-width=\"2\" stroke=\"#a0d60a\" stroke-miterlimit=\"10\" class=\"st0\" x1=\"48.2\" y1=\"15.7\" x2=\"54.5\" y2=\"10.4\"\/>\n                                    <line fill=\"none\" stroke-width=\"2\" stroke=\"#a0d60a\" stroke-miterlimit=\"10\" class=\"st0\" x1=\"32\" y1=\"1.8\" x2=\"31.9\" y2=\"10\"\/>\n                                    <line fill=\"none\" stroke-width=\"2\" stroke=\"#a0d60a\" stroke-miterlimit=\"10\" class=\"st0\" x1=\"14.1\" y1=\"26\" x2=\"5.8\" y2=\"26\"\/>\n                                    <line fill=\"none\" stroke-width=\"2\" stroke=\"#a0d60a\" stroke-miterlimit=\"10\" class=\"st0\" x1=\"58.1\" y1=\"26\" x2=\"49.9\" y2=\"26\"\/>\n                                <\/svg>\n                            \n                        \n                    <\/div>\n                <\/div>\n\n            \n            \n                <h3 class=\"title\" style=\"color: rgb(103, 192, 182)\">\n                    About the Risk Management Survey\n                <\/h3>\n\n                <div class=\"content\">\n                    <p>For this survey, KGM Strategy interviewed nearly 100 procurement leaders from companies in various industries about how they manage risk. The questions centered on general risks to the business, specific procurement risks, and dealing with them. KGM Strategy has carried out the survey annually since 2013, enabling us to understand developments in risk assessment in the long term.<\/p>\n\n                <\/div>\n\n            \n        <\/div>\n    <\/div>\n<\/div>\n\n<\/div><\/div><\/div><\/p>\n<div class='container  py-3'><div class=\"row \"><div class=\"col-lg-6\"><h3>By subscribing to our newsletter, you will receive the current issue of our customer magazine Supply Management Insights three times a year:<\/h3>\n<p><script charset=\"utf-8\" type=\"text\/javascript\" src=\"\/\/js-eu1.hsforms.net\/forms\/embed\/v2.js\"><\/script><br \/>\n<script>\n  hbspt.forms.create({\n    region: \"eu1\",\n    portalId: \"143321638\",\n    formId: \"df71e96e-8cfd-4765-b2a2-caeb009369b4\"\n  });\n<\/script><\/p><\/div>\n<div class=\"col-lg-6\"><p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-56565\" src=\"https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2021\/10\/Magazine-neu-freigestellt-1-684x630.png\" alt=\"\" width=\"684\" height=\"630\" srcset=\"https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2021\/10\/Magazine-neu-freigestellt-1-684x630.png 684w, https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2021\/10\/Magazine-neu-freigestellt-1-768x708.png 768w, https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2021\/10\/Magazine-neu-freigestellt-1-1536x1416.png 1536w, https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2021\/10\/Magazine-neu-freigestellt-1-2048x1887.png 2048w\" sizes=\"auto, (max-width: 684px) 100vw, 684px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":10,"featured_media":67655,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"none","_seopress_titles_title":"","_seopress_titles_desc":"Global economic strain, especially from increasing protectionism and Brexit, poses serious risks for companies with international supply chains.","_seopress_robots_index":"","footnotes":""},"categories":[702,716,394],"tags":[],"class_list":["post-89654","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-magazine","category-risk-management","category-general-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/posts\/89654","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/comments?post=89654"}],"version-history":[{"count":1,"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/posts\/89654\/revisions"}],"predecessor-version":[{"id":107245,"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/posts\/89654\/revisions\/107245"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/media\/67655"}],"wp:attachment":[{"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/media?parent=89654"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/categories?post=89654"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/tags?post=89654"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}