Cerebra’s Assessment of Procurement and Risk Management Featured in Ekonomist Magazine
CerebraCerebra CEO Fikret Sebilcioğlu, in Ekonomist Magazine, explains how procurement has evolved into a strategic risk management function, highlighting supplier risks, transparency, ethical culture, and fraud prevention as key priorities for organizations.
Ekonomist Magazine’s feature titled “The New Agenda of Procurement Leaders” included insights from Fikret Sebilcioğlu, Founder & CEO of Cerebra.
The feature, which explores the evolving role of the procurement function amid geopolitical developments, supply chain uncertainties, digitalization, and sustainability, highlights Sebilcioğlu’s view that procurement processes have evolved into a strategic risk management area that directly impacts companies’ financial resilience, ethical culture, and corporate reputation.
Sebilcioğlu noted that across many fraud investigations conducted by Cerebra, they have observed a recurring pattern: despite robust ERP systems, approval mechanisms, and digital processes, non-transparent supplier relationships, conflicts of interest, and unmanaged fund mechanisms continue to create significant risks.
