Spend Matters

OCTOBER 30, 2024

As part of our series on all aspects of risk management, we are taking a look at the digital capabilities of risk solutions (supplier risk management, TPRM and SCRM). Risk governance: Risk identification and sensing; Risk analysis and evaluation; Risk treatment and mitigation; Risk monitoring; Incident management.

Risk management 109

Risk management Risk Management Collaboration 109

Spend Matters

DECEMBER 16, 2024

In part 3 we look at the tech that can support Procurement in tariff management. Effective and efficient tariff management is rooted in robust direct materials and supply chain risk management. Direct materials management is essential for aligning demand, supply and product objectives throughout the product lifecycle.

Agile and Lean Supply Chain 110

Agile and Lean Supply Chain Management Supply Chain Efficiency Supply Chain Optimization 110

All Things Supply Chain

APRIL 29, 2020

Supply chains around the world are struggling as they face major shifts to production, the movement of goods, modes of transport, and the people who keep everything running. The coronavirus…

Risk management 263

Risk management Supply chain Risk Supply 263

Procurement Templates

NOVEMBER 21, 2024

Mastering these skills not only optimizes procurement processes but also positions managers as strategic business partners. SAP, Oracle) Procurement software (e.g., Coupa, Ariba) Data analytics tools (e.g., SAP, Oracle) Procurement software (e.g., Coupa, Ariba) Data analytics tools (e.g., SAP, Oracle) Procurement software (e.g.,

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain supply chain budgeting Supply Chain Optimization supply chain software solutions 130

Spend Matters

OCTOBER 23, 2024

As part of our third-party/supply chain risk management (TPRM/SCRM) series, today we address the ROI of risk management. As we inferred in our exploration of the types and sources of risk, risk management done well can reap rewards, just as risk management ignored can reap chaos.

Risk management 117

Risk management Risk Management Supply chain 117

Pipefy

MARCH 25, 2025

This is why AI for risk management is one of the most powerful tools banks and fintechs can rely on to detect and prevent fraud in an automated way. But how is AI revolutionizing fraud risk management in the credit sector, and how can BPM and BPA optimize this process? How does BPM help prevent fraud?

Risk management 52

Risk management Risk Management Data 52

Spend Matters

SEPTEMBER 26, 2024

However, even a dip into the risks procurement professionals face can leave readers drowning in a sea of terms, definitions and acronyms. To help those still orienting themselves to the landscape of risk, we’ve broken down the main terms used to describe the various aspects of managing risk. What is a risk?

Risk management 114

Risk management Risk Management Sustainability 114

Supply Chain Brain

MAY 7, 2024

Craft is launching a user-friendly, configurable supplier risk management (SRM) platform designed for team collaboration and proactive risk mitigation.

Risk management 122

Risk management Risk Suppliers Management 122

ProcurePort

NOVEMBER 10, 2023

Holistic Risk Management Approach: Proactive Identification: Implementing proactive measures to identify and assess diverse risks, ranging from supply chain disruptions to market fluctuations, regulatory changes, and operational inefficiencies. appeared first on ProcurePort Blog.

Risk management 130

Risk management Risk Import Management 130

Spend Matters

SEPTEMBER 26, 2024

For this year’s Spend Matters Fall 2024 SolutionMap release – our comprehensive methodology designed to help organizations evaluate and select procurement solutions – we launched a new module: third-party (and supply chain) risk management (TPRM and SCRM).

Risk management 117

Risk management Risk Management Procurement 117

TYA Suite

NOVEMBER 15, 2024

This introduction to supplier risk management outlines the importance of effectively identifying and managing risks that may arise from suppliers. Supplier risk management is crucial for businesses, as it helps them mitigate potential challenges that can disrupt operations.

Risk management 40

Risk management Risk Suppliers Strategy 40

Spend Matters

MARCH 6, 2024

Today we cover the Risk Management market. Providers that provided input on AI in risk management are: Airbase, apexanalytix, Arkestro, CategoryAI Inc., The post Meet AI in Risk Management appeared first on Spend Matters. Coupa, ebidtopay, Forestreet, GEP, Interos, Prevalent, Inc.,

Risk management 111

Risk management Risk Management Procurement 111

Spend Matters

MARCH 25, 2025

Why stakeholder management matters in procurement digital transformation Stakeholder management is the foundation of any successful procurement digital transformation initiative. To understand why, lets look at the following parallel: Procurement professionals often discuss spend under management (SUM) as a key metric of success.

Stakeholder engagement 94

Stakeholder engagement Management Procurement Influencing 94

Supply Chain Brain

NOVEMBER 5, 2024

To improve resilience and business continuity in the face of pandemics, wars, natural disasters and other supply chain vulnerabilities, businesses are adopting comprehensive supplier risk-management initiatives.

Risk management 105

Risk management Risk Suppliers Management 105

Supply Chain Brain

DECEMBER 20, 2023

From scenario planning to relationship building, procurement teams are in a new era of risk management that will be crucial for long-term success.

Risk management 126

Risk management Risk Management Procurement 126

Spend Matters

DECEMBER 10, 2024

This dependency, while essential, introduces potential risks that can lead to operational delays, regulatory penalties and financial instability if not effectively managed. This content is for members only.

Risk 110

Risk Risk management Procurement Supply chain 110

Supply Chain Brain

FEBRUARY 22, 2024

Supply chain organizations that prioritize safety and risk management through data analytics, telematics, and newer equipment position themselves as competitive leaders.

Risk management 137

Risk management Risk Supply chain Data 137

Procurement Freelancers

DECEMBER 17, 2024

Sourcing consultants now… The post Risk Management Strategies From Leading Sourcing Consultants first appeared on Procurement Blog | Procurement & Supply Chain News. Market uncertainties across the globe have transformed how businesses approach procurement practices.

Risk management 98

Risk management Sourcing Risk Strategy 98

Procurement Leaders

JANUARY 16, 2023

But they all come, to me, under the category of risk. “The last couple of years have really shown businesses the value of procurement – and not just as a purchasing function/PO function, but the strategy of procurement and the value we bring in managing risk,” she says. ” Stroup says.

Risk 246

Risk Management Risk management Strategic planning 246

Spend Matters

NOVEMBER 19, 2024

As part of our theme this quarter on Procurement’s role and value in supply chain risk management, we are speaking with practitioners in the field to understand their perceptions of risk — clearly different industries perceive types of risk in different ways.

Risk 111

Risk Strategy Agile and Lean Supply Chain Supply Chain Optimization 111

Spend Matters

NOVEMBER 6, 2024

As part of our third-party/supply chain risk management (TPRM/SCRM) series, today we address the risk management landscape. Many solutions exist to manage risk in its broadest definition. However, they don’t necessarily all have the same focus and capabilities. Visit the site and log in/register to read.

Risk 114

Risk Risk management Contract Supply chain 114

Supply Chain Brain

JUNE 19, 2024

When vetting potential suppliers and customers, it's vital to assess their risk-management profiles and strategies, says Danny Thompson, chief product officer at apexanalytix.

Risk management 110

Risk management Risk Management Supply chain 110

Spend Matters

NOVEMBER 7, 2024

What is Halo Ai HaloAi is a third-party risk management (TPRM) solution that aims to be a one-stop shop for third-party risk so that organizations do not need multiple point solutions. Halo Ai uses AI models to connect, correlate and contextualize real-time data points to bring customers the full risk story.

Risk management 111

Risk management Risk Suppliers Supply chain 111

Spend Matters

DECEMBER 11, 2024

Tariff management is a strategic subset of direct materials management and sourcing that involves navigating and optimizing the complex costs and regulatory implications of importing materials and goods across borders. Tariffs essentially taxes imposed on imports and exports directly impact product cost structures.

Supply Chain Optimization 110

Supply Chain Optimization Management Supply chain resilience Supply Chain Efficiency 110

Spend Matters

NOVEMBER 7, 2024

“Despite my team’s tireless efforts to resolve outstanding issues and improve vendor partnerships, it became evident that a more holistic, integrated approach to risk profiling was essential to manage third-party risk effectively. What are Halo Ai’s greatest strengths? What is the road ahead for Halo Ai?

Supply Chain Efficiency 111

Supply Chain Efficiency Risk management Real-time Visibility Ethics 111

Spend Matters

DECEMBER 2, 2024

This Spend Matters Vendor Analysis gives an overview of Aravo, a third-party risk management (TPRM) solution built to empower businesses to effectively manage risks, enhance accountability and protect themselves in a world where third-party engagements are both more critical and more scrutinized than ever.

Risk management 120

Risk management Risk Buyers Supply management 120

All Things Supply Chain

MARCH 22, 2021

Particularly, right now there is no room for supply chain managers to let… The recent worldwide turmoil due to the pandemic has forced organizations to rethink their supply chain strategy.

Supply chain management 313

Supply chain management Supply chain management Supply Chain Optimization Supply chain 313

Spend Matters

FEBRUARY 12, 2024

In this Spend Matters Vendor Analysis, we provide an overview of Supply Risk Solutions and its solution for supplier (chain) risk management. Supplier risk management is crucial for a variety of reasons. It tracks geopolitical risk, natural disaster risk and financial risk.

Risk management 111

Risk management Risk Suppliers Management 111

Spend Matters

SEPTEMBER 18, 2023

The post Resilinc: Vendor Analysis Update — Supply (chain) risk management solution overview, competitors, tech selection tips, analyst summary appeared first on Spend Matters. Visit the site and log in/register to read.

Risk management 120

Risk management Risk Supply chain Management 120

Supply Chain Brain

MAY 7, 2024

Managing a global supply chain has never been more challenging, with complex, ever-evolving regulations, increasingly frequent extreme weather events, volatile geopolitical crises, and sophisticated cybercrime.

Risk management 110

Risk management Management Risk Strategy 110

Procurement Tactics

OCTOBER 13, 2022

Strategic Sourcing Manager — The Ultimate Guide. A strategic sourcing manager is a key person in ensuring that the strategic process is effective and efficient. In this article, we will discuss what a strategic sourcing manager is. Additionally, we will tell you the skills needed to be a strategic sourcing manager. .

Strategic sourcing 200

Strategic sourcing Strategic sourcing Sourcing Management 200

SCMDOJO

FEBRUARY 15, 2025

One of the most effective strategies for building resilience is integrating project management into supply chain operations. Structured methodologies, risk assessment tools, and agile frameworks allow companies to improve coordination, enhance decision-making, and ensure they remain adaptable to disruptions.

Project management 91

Project management Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization 91

Procurement Tactics

JULY 17, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Choosing a Contract Management Tool Choosing a contract management tool is crucial for your business as you need to select what suits your company the best. Contract Management: What is it?

Contract management 189

Contract management Contract Management Negotiation 189

ivalua

FEBRUARY 25, 2021

Best-in-Class for Healthcare Supply Chain Management? Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? What are the pros and cons, and what supply chain strategy will pave the way to higher margins, improved supply chain risk management in healthcare and improved patient care?

supply chain budgeting 221

supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 221

Procurement Tactics

MAY 30, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Procurement Managers — The Ultimate Guide Procurement managers are not easy, but the role is rewarding, interesting, and crucial to the success of a business. What is a Procurement Manager?

Management 178

Management supply chain budgeting Procurement Negotiation 178

SCMDOJO

JANUARY 9, 2025

Enhancing Competitive Advantage Strategic sourcing creates a sustainable competitive edge by combining cost savings, risk management, and supplier innovation. Predictive Risk Management Smart solutions equipped with predictive analytics can help foresee potential riskssuch as supplier insolvency or geopolitical eventsbefore they occur.

Strategic sourcing 98

Strategic sourcing Strategic sourcing Sourcing Procurement 98