Risk Related Topics 
Spend Matters
OCTOBER 2, 2024
Continuing our series on third-party/supply chain risk management (TPRM/SCRM), here we illustrate the breadth and complexity of risk that organizations today must navigate and manage. The post Risk is complex — The different types and sources of risk appeared first on Spend Matters. This content is for members only.
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.
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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. And we must remember that one cannot escape supply chain risks.
Spend Matters
NOVEMBER 6, 2024
When we refer to natural disaster risk, we are talking about ‘unavoidable’ risk — albeit ‘mitigatable’ — that affects a supplier’s business. Find our in-depth guide to third-party and supply chain risk management with accompanying free download here. So these risks cannot be completely avoided or mitigated.
Advertiser: GEP
What’s Inside: How organizations can most effectively focus on long-term value creation, not just short-term cost savings The impact that embracing innovation and new technologies such as artificial intelligence (AI) can have The essential elements every organization needs to balance cost, risk, and sustainability
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. The post The risk solution landscape is complicated appeared first on Spend Matters. Visit the site and log in/register to read.
Spend Matters
OCTOBER 23, 2024
The most high-profile risk events come from wars and revolutions, but even the less obvious ones, such as social unrest, political demonstrations and activism, can cause serious consequences for businesses and have major knock-on effects for customers. The disruption may also be caused by supplier issues further down the supply chain.
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Financial institutions must navigate a complex web of policies, procedures and regulations to ensure compliance and manage risk. It required a partner that would help embed its intricate buying processes — with all its validations, risk assessments and tiered approvals — into a unified system.
Advertiser: GEP
What are the risks for procurement in 2023? What should leaders do to deliver value amid uncertainties? Read the GEP Spend Category Outlook 2023 report now to build successful spend management strategies across 22 indirect & direct categories.
Advertiser: GEP
The paper highlights real-world examples and use cases that demonstrate generative AI's transformative effects on operational efficiency, risk management, and cost reduction.
Advertiser: GEP
From demand forecasting to inventory optimization, risk mitigation to sustainability — AI is set to transform everything. AI isn’t the future. It’s here, now. 30% of businesses have invested in AI. Another 57% will do it in the next 12 months*.
Advertiser: GEP
This must-read annual report informs procurement and supply chain leaders of the types of risks to expect and their levels of impact. GEP experts in nearly two dozen critical categories guide you in the right direction in our annual comprehensive resource — GEP Spend Category Outlook 2024.
Speaker: Sam Ross, General Counsel at Remote; Jenny Bloom, former CFO at Zapier & Darren Murph, Head of Remote at GitLab
It’s clear that distributed teams are here to stay in some form or another.
Advertiser: GEP
Direct materials sourcing is evolving, with procurement now tasked not only with cost efficiency but managing sustainability and risk management. The environment is marked by heightened demand and expectations, compounded by challenges such as rising input prices, supply chain disruptions and geopolitical tensions.
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It consists of messy tech stacks of siloed solutions that give rise to manual work, a lack of control, wasted spend, and unnecessary risks. The status quo for AP in small and mid-market companies is broken. The benefits of shifting to spend management are tangible, measurable, and are felt across the whole organization.
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