Remove Real-time Visibility Remove Risk management Remove Suppliers
article thumbnail

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

Spend Matters

To round off that perspective we’d like to engage the thoughts of the solution providers themselves, particularly in terms of how they believe their customers perceive risk and what they want from today’s solutions. Visit our In-Depth Guide to Risk Management for an explanation of this complex environment.

article thumbnail

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

Spend Matters

A common thread among the conversations we’ve had recently with senior procurement practitioners tells of the extent to which attitudes towards risk have changed over the past decade. On top of that, for all organizations, the threat of unrest, war, pandemics, natural and man-made disasters can require suppliers to rethink and relocate.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

Spend Matters

To round off that perspective, we’d like to engage the thoughts of the solution providers themselves, particularly in terms of how they believe their customers perceive risk and what they want from today’s solutions. Visit our In-Depth Guide to Risk Management for an explanation of this complex environment.

article thumbnail

Spend Matters Future 5 2024 – Introducing Halo Ai

Spend Matters

We believe these companies deserve greater visibility, especially in a market which is increasingly consolidating and diluting buyer choices. Halo Ai addresses this need with an innovative, AI-driven approach to third-party risk management rooted in risk intelligence. What are Halo Ai’s greatest strengths?

article thumbnail

The power orchestration play: Supplier management

Spend Matters

Because they are embracing orchestration capabilities to coordinate supplier facing processes across business units and functions and adding value within those orchestrated workflows. Value generation : Beyond savings, orchestrated procurement focuses on innovation, supplier enablement and enterprise agility. AI suggests actions.

article thumbnail

How to implement a future-ready e-procurement function

Spend Matters

It is now a strategic enabler of operational efficiency, cost savings and supplier innovation. Heres where e-procurement processes often break down: Fragmented catalog and supplier management: Inconsistent supplier onboarding and unstructured catalogs result in pricing discrepancies and procurement delays.

article thumbnail

Best Practices & Strategies for Supplier Risk Management

TYA Suite

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.