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How Supply Chain Organizations are Leveraging Data Analytics to Improve Risk Management

Supply Chain Brain

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

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What is the importance of risk management to procurement?

ProcurePort

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.

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It’s Time to Rethink Supply Chain Risk Management

ivalua

The past few years have highlighted serious deficiencies in prevalent supply chain strategies and the major risk that disruptions pose to corporate success. years and companies can expect to lose 42% of one year’s EBITDA every decade due to supply chain disruptions. But a radical rethink is needed to succeed.

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5 Expert Risk Management Strategies: A 2024 Guide for Supply Chain Managers

Supply Chain Brain

How do supply chain risk managers balance cost and finite resources against growing risk loads? Expert Risk Management Strategies give you insights into the tactics and tools used by industry experts to manage and minimize exposure to cost of disruption.

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Rethinking Direct Materials Sourcing: The Tools You Need To Manage Costs, Risks and Sustainability

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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Supply Chain Risk Management Planning

SCMR (Supply Chain Management Review)

Risk management doesn’t have to be complex. This practical, easy-to-implement framework supports decision-making and risk management.

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Halo Ai: Vendor Analysis — Third-party risk management solution overview, roadmap,, competitors, tech selection tips, analyst summary

Spend Matters

This Spend Matters Vendor Analysis provides an overview of Halo Ai and its solution for third party risk management. Third-party risk management (TPRM) is often an afterthought for organizations or a measure only taken after a risk event occurs. This content is for members only.