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How the importance of risk management has changed for procurement – and what to do about it

Spend Matters

As little as 10 years ago, we heard stories of pretty much indifference to risk: “supply risk management was young,” we heard, and “we didn’t worry too much about risk; we spent a very small percentage of our time on it.” But from my experience, each team does this very differently, with each using its own technology to manage risk.

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Risk management solution providers and what their customers really want – Brooklyn Solutions

Spend Matters

Visit our In-Depth Guide to Risk Management for an explanation of this complex environment. For today’s vendor viewpoint we spoke with Nick Francis, Chief Technology and Marketing Officer (CTMO) at Commercial Value Management specialist Brooklyn Solutions.

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The power orchestration play: Supplier management

Spend Matters

The modern procurement leader must manage risk, drive ESG, deliver cost savings and enable innovation often without additional headcount or budget. Procurement teams are spread thin and have to manage everything from basic sourcing to board-level ESG compliance. Procurement has long sought a strategic seat at the table.

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Risk management solution providers and what their customers really want – Exiger

Spend Matters

Visit our In-Depth Guide to Risk Management for an explanation of this complex environment. For today’s vendor viewpoint we asked Austin Fuller, Director, Product Marketing at supply chain risk management specialist Exiger Have you witnessed a significant change of appetite for risk-related tech over recent years from your customer base? “Yes,

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Return to Success: Streamlining Returns in the Supply Chain for Enhanced Efficiency

Speaker: Cathy Morrow Roberson, Research Manager for the Reverse Logistics Association

Businesses need to leverage advanced tracking systems and data analytics to identify bottlenecks and improve supply chain visibility. Efficient return management stands as a crucial strategy for optimizing the supply chain.

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Only a Quarter of Suppliers Use Real-Time Tracking Tools to Manage Cargo

Supply Chain Brain

Just 25% of suppliers use real-time shipping visibility tools even though 73% of supply chain professionals say real-time shipment visibility is a “must-have” feature.

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New Inventory Visibility and Collaboration Capabilities Enhance Ivalua’s Procure-to-Pay Solution

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Redwood City, CA, July 13, 2021 – Ivalua, a global leader in Cloud Spend Management solutions, announces an extension of its Procure-to-Pay solution with a new Inventory Collaboration capability. Increase supplier autonomy on replenishment orders within the agreed boundaries (i.e., min, max levels) . “Our About Ivalua.