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A new series on Risk Management for procurement professionals

Spend Matters

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).

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Here’s a comprehensive list of the top 100 skills that a Procurement Manager should master

Procurement Templates

SAP, Oracle) Procurement software (e.g., SAP, Oracle) Procurement software (e.g., Risk Management Actionable Steps: Identify Risks: Develop a checklist of potential procurement risks, such as supply chain disruptions or quality issues. Resources: Risk management certifications (e.g.,

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Spend Matters Future 5 2024 – Introducing Halo Ai

Spend Matters

Spend Matters honors a vast array of procurement solution providers each year by selecting them for our ‘50 to Know,’ ‘50 to Watch,’ ‘Future 5’ and ‘Hall of Fame’ celebration lists. Subsequently, I moved to the Bay Area to serve as the Chief Procurement Officer at a rapidly growing tech startup that had just gone public.

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New Year Insights for the procurement solutions and services marketplace 2024: Sphera

Spend Matters

Navigating the Nexus: Supply chain risk and Scope 3 carbon emissions assessments Traditionally, the aim of managing supply chain risk was to increase the efficiency and cost-effectiveness of logistics networks. This makes it easier for enterprises to integrate Scope 3 data into their supply chain risk management solution.

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New Year Insights for the procurement solutions and services marketplace 2024: Prevalent

Spend Matters

Procurement will step into the center of risk management As the risk landscape continues to change at an alarming rate, organizations can no longer afford to look at risk one dimensionally. At one time, this was acceptable; a financial profile or sanctions report was enough for an onboarding risk analysis.

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New Year Insights for the procurement solutions and services marketplace 2024: SAP

Spend Matters

I believe that the scope of procurement will not contract back to a sole focus on supply stability and cost containment. At SAP, we are already evaluating further ways to embed generative AI and analytics into solutions throughout our SAP Ariba portfolio to help make our customers’ business lives easier than ever.

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New Year Insights for the procurement solutions and services marketplace 2024: FRDM

Spend Matters

In no order of preference, today let’s hear from Justin Dillon, CEO of supply chain risk management solution provider, FRDM , one of Spend Matters 50 Procurement Providers to Watch. The post New Year Insights for the procurement solutions and services marketplace 2024: FRDM appeared first on Spend Matters.