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Ep 30 Inside Procurement: Commodity Risk Management | Stages of maturity (Pt 2)
Different companies approach CRM in different ways, and therefore tend to rely on different tools and techniques to manage commodity risk. In this series, Omer Abdullah breaks the discussion down into the 3 broad maturity levels of CRM – what they mean for organisations and the issues that arise at each stage. He also explores how commodity intelligence and analytics can help drive not just savings, but also the total value for businesses.
In the second video from the 3-part video series on Commodity Risk Management, Omer explores the next stage of maturity that we tend to see organisations evolve through as they shift their focus from simple cost containment to long-term cost control.
Watch out for the 3rd and final video from this series on Thursday, as we continue our discussion with the third maturity stage of CRM – progressive risk management.
In case you missed Part 1 of this series, you can watch it here: Ep 29 Inside Procurement: Commodity Risk Management | Stages of Maturity (Pt 1)
Omer Abdullah is Chief Commercial Officer and Co-founder for The Smart Cube. He works with Procurement and Strategy leaders at global organisations, transforming their teams to become value-driven and insight-led. Omer has more than 30 years of management consulting and global corporate and industry experience across North America, Europe, and Asia. His prior roles include A.T. Kearney (North America), Warner Lambert (USA), and The Perrier Group (Asia-Pacific). Omer has an MBA from the University of Michigan at Ann Arbor, USA, and a BBA from the University of East Asia.