The payoff
When procurement weaves in cyber resilience, you don’t simply keep away from losses; you create a bonus. You recuperate quicker than rivals. You defend buyer belief. You keep operations when others stumble. That’s not an additional value. That is a bonus.
Resilience just isn’t an additional value. It’s strategic insurance coverage. It’s the purpose your financial savings final as a substitute of evaporating within the subsequent breach.
Brief-term procurement financial savings look good in board reviews. However when cyber incidents strike, these financial savings usually collapse into losses. You don’t need to be the chief explaining how tens of millions saved became billions misplaced.
The takeaway is obvious: Value effectivity and resilience usually are not enemies. They’re allies when appropriately ruled. Procurement should evolve from most cost-effective provider wins to most sustainable associate wins.
As a frontrunner, your name is obvious. Redefine procurement’s mandate. Add cyber resilience to the scoreboard. Demand metrics past value. Stress-test selections. Elevate procurement from cut price hunter to resilience builder.
Being penny-wise however pound-foolish isn’t just careless. It’s existential.
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