• EBG | Summit
    • CPO Outlook
    • CPO Outlook 2024 | Post Summit Page
    • CPO Outlook 2023 | Post Summit Page
    • CPO Outlook 2022 | Post Summit Page
  • EBG | Webinar
  • EBG | Play
  • EBG | Xperience 2026
    • EBG | Xperience STHLM 2025
    • EBG | Xperience GBG 2025
    • EBG | Xperience CPH 2025
    • EBG | Xperience Terms & Conditions
  • About EBG | Network
    • Contact EBG | Network
    • Networking with EBG | Network
    • Privacy Policy

EBG | Network

Procurement and Finance Outlook Intelligence

EBG | Play: Aker Solutions: Reputational and financial risk control

October 4, 2017 By ebgnetwork

Spread the word

It is always a treat hearing real life experiences from different industries and with different angles based on the same premises. That today a lot of doing business has to do with managing and developing external supplier relationships.

EBG | Network is very happy that Hilde Kjensjord, Senior Manager, SCM Governance, Risk & Compliance at Aker Solutions shared her insights from managing reputational and financial risk. Also a big thank you to Bureau van Dijk, A Moody’s Analytics Company who enabled us to host the webinar.

View the recorded session and hear the poll result responses below:

Free trial

After viewing the recording you might want to try it out for yourself? Go ahead! Via >>this link you will enter Bureau van Dijk’s website and can test a Procurement Catalyst fre of charge

During EBG webinar sessions we invite you who join us to share your view, making attending a win-win.

When do you terminate a supplier relationship?

The respondents was asked to choose one option indicating that both reputational risk and financial risk are equally common reasons for terminating a supplier relationship.

Sebastian at Bureau van Dijk commented on these results and commented that there has been a change over the past years. Asking the same question 3 years back would have – in his opinion – rendered in a much higher percent stating financial risk is the number one reason to terminate a supplier relationship.

Reputational risk is getting increasingly important to asses since the company brand recognition may be damaged and not “only” the financial aspects.

How important is company ownership when assessing risk?

Sebastian think it is encouraging that 42% consider ownership important for all suppliers, he expected those numbers to be lower. Challenges finding out who owns a company may be challenging but still leaving it out is not recommended, so only assessing in high risk cases is not recommended.

Biggest challenges ensuring supply chain compliance?

The result is similar to what Hilde would say – that too many suppliers and insufficient information are the biggest challenges.

Two most important risks when assessing the supply chain?

That the financial risk is top ranked here comes as no surprise. Hilde states that the results show that it is hard to rank sources of risk – is there a risk identified from those sources which will make you act or not?

Recognize the results? EBG are happy to share them and if you want to you can meet Bureau van Dijk at Sourcing Outlook 2017


Spread the word

Trackbacks

  1. Bureau van Dijk join Source 2 Pay Summit 2018 | EBG Network says:
    March 14, 2018 at 9:41 am

    […] October, EBG hosted a webinar enabled by Bureau van Dijk, found here. The session focused on that risk assessment processes are often scattered across legal entities, […]

Find what you are looking for

Newsletter opt-in – don’t miss out!

Name

Title

Company

Email-(only corporate addresses will be communicated with)

Leave this field empty
I agree to the processing of my personal data

Next up – join an EBG activity!

EBG | Webinar: Hidden Risks and Opportunities in Tail Spend Management

EBG | Xperience in STHLM, GBG & CPH spring 2025

EBG | Xperience in Stockholm

Post Xperience

Protected: Post Xperience | CPH

There is no excerpt because this is a protected post.

Protected: Post Xperience | GBG

There is no excerpt because this is a protected post.

More about Xperience 2025

EBG | Xperience GBG: Turning Risk Complexity into Actionable Procurement Strategies

EBG | Xperience CPH: From Potential to Practical AI

CPO Outlook 2025 | Stockholm October 15th & 16th

Save the date for 2025! October 15th & 16th | Hotel Birger Jarl

Don’t miss out! Create your own two days based on what is important to You. Choose from 34 round table discussions and 6 workshops, listen to 7 keynotes and 3 panels and have drinks & dinner with EBG!

>>Download the 2024 agenda here (always the latest version via cpooutlook.com)

Recent articles

Coupa joins CPO Outlook 2025: AI for Smarter Spend

We are excited to announce Coupa as a Platinum sponsor of CPO Outlook 2025, where they will help lead the conversation on how AI-powered spend management is transforming procurement from a cost center into a strategic multiplier of value. The Margin Multiplier: Coupa’s AI-Native Platform Coupa describes itself as the margin multiplier company—and for good […]

EBG | Xperience CPH: From Potential to Practical AI

On May 8th, 2025, procurement leaders gathered in central Copenhagen for a fully booked EBG | Xperience day. The theme? AI-Powered Procurement Transformation. The aim? To explore how AI and GenAI might help turn complexity into clarity—while acknowledging that most companies are still at the very beginning of their journey. From the very start of […]

Prewave join CPO Outlook 2025: Superintelligence for Resilient, Compliant & Transparent Supply Chains

EBG | Network are proud to welcome Prewave as a sponsor of CPO Outlook 2025, continuing a dialogue started during previous CPO Outlook summits and EBG | Xperience Gothenburg earlier this year. There, Prewave shared insights on navigating regulatory demands, geopolitical instability, and black swan events—insights that resonated with senior procurement leaders Learn more about […]

EBG | Xperience GBG: Turning Risk Complexity into Actionable Procurement Strategies

On May 6th, procurement professionals gathered in Gothenburg for a fully booked EBG | Xperience day focused on ‘Knowing Your Supply and Suppliers: Managing Risks, Resilience and Sustainability’. A day centered on navigating the evolving risk, resilience, and sustainability landscape. Ahead of the event, attendees were asked what they most wanted to explore—and the answers […]

Protected: Post Xperience | CPH

There is no excerpt because this is a protected post.

EBG | Network was founded in 2010. A cross functional, end-to-end business network focusing on improved sales and forecasting, increased spend under management and financial supply chain control. EBG bring people together online and in person who can help each other grow and develop.

Photo EBG | Network

>>Download the EBG Services Overview to learn more about what we do

EBG is managed by Anna & Lars – partners in business and life. Contact us today with any type (business) related questions! Contact us using the LiveChat function below.

Anna & Lars are partners in business and life. Together we run EBG bringing together peers and experts in an informal yet to the point way.

Anna Bjarkerud

  • anna@ebgnetwork.com
  • +46 735819302

Anna Bjarkerud

Anna & Lars are partners in business and life. Together we run EBG bringing together peers and experts in an informal yet to the point way.

Lars Bjarkerud

  • lars@ebgnetwork.com
  • +46733500343

Lars Bjarkerud

Learn more about EBG Networking

Networking with EBG | Network

Clock the below link to enter the directory

EBG | Business Directory

Join the EBG | Network

Copyright © 2025 ·Magazine Pro Theme · Genesis Framework by StudioPress · WordPress · Log in

This website uses cookies to improve your experience. You can opt-out if you wish Accept Reject Privacy Policy
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT