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). The first part covers the enabling and supporting capabilities and here we cover risk governance. This content is for members only.

Risk management 112

Risk management Risk Management Collaboration 112

All Things Supply Chain

MAY 7, 2025

In 2025, the world of supply chain management continues to evolve, with technology playing an increasingly vital role in risk mitigation. As businesses face growing complexities in logistics, compliance, and…

supply chain software solutions 162

supply chain software solutions Risk management Risk Supply chain 162

ProcurePort

DECEMBER 29, 2021

The challenge for managers is to identify the risk for all parties involved and quantify it. The post Risk Management in the Procurement of Innovation appeared first on ProcurePort Blog. They must then move on and assess the necessary mitigating actions to be […].

Risk management 242

Risk management Innovation Risk Management 242

All Things Supply Chain

APRIL 29, 2020

Supply chains around the world are struggling as they face major shifts to production, the movement of goods, modes of transport, and the people who keep everything running. The coronavirus…

Risk management 263

Risk management Supply chain Risk Supply 263

Spend Matters

OCTOBER 23, 2024

As part of our third-party/supply chain risk management (TPRM/SCRM) series, today we address the ROI of risk management. As we inferred in our exploration of the types and sources of risk, risk management done well can reap rewards, just as risk management ignored can reap chaos.

Risk management 120

Risk management Risk Management Supply chain 120

Spend Matters

SEPTEMBER 26, 2024

ERM vs GRC Two key frameworks for managing risk are Enterprise Risk Management (ERM) and Governance, Risk and Compliance (GRC). Risk management (R) to identify, assess and mitigate risks that could hinder the organization’s ability to achieve its objectives.

Risk management 117

Risk management Risk Management Sustainability 117

Spend Matters

SEPTEMBER 26, 2024

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).

Risk management 120

Risk management Risk Management Procurement 120

ProcurePort

NOVEMBER 10, 2023

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.

Risk management 130

Risk management Risk Import Management 130

TYA Suite

NOVEMBER 15, 2024

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.

Risk management 40

Risk management Risk Suppliers Strategy 40

Pipefy

MARCH 25, 2025

This is why AI for risk management is one of the most powerful tools banks and fintechs can rely on to detect and prevent fraud in an automated way. But how is AI revolutionizing fraud risk management in the credit sector, and how can BPM and BPA optimize this process? What is the Role of BPA in Fraud Prevention?

Risk management 52

Risk management Risk Management Data 52

Supply Chain Brain

MAY 7, 2024

Craft is launching a user-friendly, configurable supplier risk management (SRM) platform designed for team collaboration and proactive risk mitigation.

Risk management 122

Risk management Risk Suppliers Management 122

Spend Matters

DECEMBER 10, 2024

This dependency, while essential, introduces potential risks that can lead to operational delays, regulatory penalties and financial instability if not effectively managed. This content is for members only. Visit the site and log in/register to read.

Risk 113

Risk Risk management Procurement Supply chain 113

Supply Chain Brain

NOVEMBER 5, 2024

To improve resilience and business continuity in the face of pandemics, wars, natural disasters and other supply chain vulnerabilities, businesses are adopting comprehensive supplier risk-management initiatives.

Risk management 105

Risk management Risk Suppliers Management 105

Supply Chain Brain

DECEMBER 20, 2023

From scenario planning to relationship building, procurement teams are in a new era of risk management that will be crucial for long-term success.

Risk management 126

Risk management Risk Management Procurement 126

Supply Chain Brain

FEBRUARY 22, 2024

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

Risk management 137

Risk management Risk Supply chain Data 137

Procurement Freelancers

DECEMBER 17, 2024

Sourcing consultants now… The post Risk Management Strategies From Leading Sourcing Consultants first appeared on Procurement Blog | Procurement & Supply Chain News. Market uncertainties across the globe have transformed how businesses approach procurement practices.

Risk management 98

Risk management Sourcing Risk Strategy 98

Spend Matters

DECEMBER 16, 2024

In part 3 we look at the tech that can support Procurement in tariff management. Effective and efficient tariff management is rooted in robust direct materials and supply chain risk management. Design-for-Supply part 1, part 2, part 3 and part 4.

Agile and Lean Supply Chain 112

Agile and Lean Supply Chain Management Supply Chain Efficiency Supply Chain Optimization 112

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.

Risk 116

Risk Risk management Contract Supply chain 116

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.

Risk 113

Risk Strategy Agile and Lean Supply Chain Supply Chain Optimization 113

Spend Matters

NOVEMBER 7, 2024

What is Halo Ai HaloAi is a third-party risk management (TPRM) solution that aims to be a one-stop shop for third-party risk so that organizations do not need multiple point solutions. Halo Ai uses AI models to connect, correlate and contextualize real-time data points to bring customers the full risk story.

Risk management 114

Risk management Risk Suppliers Supply chain 114

Supply Chain Brain

JUNE 19, 2024

When vetting potential suppliers and customers, it's vital to assess their risk-management profiles and strategies, says Danny Thompson, chief product officer at apexanalytix.

Risk management 110

Risk management Risk Management Supply chain 110

Spend Matters

MARCH 18, 2024

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.

Risk management 117

Risk management Risk Management Supply chain resilience 117

Spend Matters

NOVEMBER 7, 2024

This realization planted the seed for a solution that would later become Halo Ai — a system designed to create comprehensive risk profiles for third parties, enabling organizations to operationalize their risk management strategies more effectively. What is the road ahead for Halo Ai?

Supply Chain Efficiency 113

Supply Chain Efficiency Risk management Real-time Visibility Ethics 113

Spend Matters

DECEMBER 2, 2024

This Spend Matters Vendor Analysis gives an overview of Aravo, a third-party risk management (TPRM) solution built to empower businesses to effectively manage risks, enhance accountability and protect themselves in a world where third-party engagements are both more critical and more scrutinized than ever.

Risk management 122

Risk management Risk Buyers Supply management 122

Procurement Templates

NOVEMBER 21, 2024

Risk Management Actionable Steps: Identify Risks: Develop a checklist of potential procurement risks, such as supply chain disruptions or quality issues. Monitor Continuously: Use procurement dashboards to track risk indicators. Resources: Risk management certifications (e.g., PMI-RMP, ISO 31000).

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain supply chain budgeting Supply Chain Optimization supply chain software solutions 130

Spend Matters

NOVEMBER 13, 2024

These and other similar risks have increased with globalization, and reputational damage can be significant, as many cases have shown over the years. Find our in-depth guide to third-party and supply chain risk management with accompanying free download here. What causes reputational risk The causes come from many quarters.

Risk 113

Risk Supply Chain Efficiency Supply chain Suppliers 113

Supply Chain Brain

MARCH 17, 2024

When it comes to assessing supply chain risks, planners generally don’t place natural disasters at the top of the list. But with the growing number of extreme weather events, that could change in the coming years.

Risk management 122

Risk management Risk Supply chain Supply 122

Supply Chain Brain

FEBRUARY 12, 2024

By leveraging advanced and predictive analytics, organizations will be able to identify potential disruptions before they materialize.

Risk management 124

Risk management Risk Management 124

Spend Matters

JANUARY 7, 2025

Maja Tepeh , Senior Brand Manager at supply chain risk management solution Prewave , shares what their customers are looking for from their digital procurement investment. However, the cost avoidance from mitigating ESG-related supply chain risks, such as regulatory fines or disruptions, is equally important.

supply chain software solutions 117

supply chain software solutions Supply Chain Efficiency Procurement Raw materials 117

Spend Matters

APRIL 15, 2025

Procurements most valuable players Jesus Campos , CEO CorporateLATAM, once wrote on Spend Matters that procurement functions must address two key areas to navigate the uncertainty of global markets: risk management and organizational structure the latter being relevant to our discussion on procurement transformation. The Risk Manager.

Procurement 102

Procurement Category management Chief Procurement Officer Risk management 102

Spend Matters

APRIL 22, 2025

This Spend Matters Vendor Analysis gives an overview of Enlighta Spice, a supplier governance and risk solution built to manage performance and risks related to external spend with a focus on services spend.

Risk 68

Risk Suppliers Risk management Supplier relationship management 68

Supply Chain Brain

MAY 7, 2024

Managing a global supply chain has never been more challenging, with complex, ever-evolving regulations, increasingly frequent extreme weather events, volatile geopolitical crises, and sophisticated cybercrime.

Risk management 110

Risk management Management Risk Strategy 110

SCMDOJO

JANUARY 9, 2025

Enhancing Competitive Advantage Strategic sourcing creates a sustainable competitive edge by combining cost savings, risk management, and supplier innovation. Predictive Risk Management Smart solutions equipped with predictive analytics can help foresee potential riskssuch as supplier insolvency or geopolitical eventsbefore they occur.

Strategic sourcing 98

Strategic sourcing Strategic sourcing Sourcing Procurement 98

Procurement Leaders

JANUARY 16, 2023

. “The executive team has acknowledged the procurement team’s work in keeping product on the shelf, managing cost and managing inflation. ” Leveraging long-standing risk management expertise. ” Despite the headwinds, Stroup is proud of her function’s risk management efforts.

Risk 246

Risk Management Risk management Strategic planning 246

Supply Chain Queen

FEBRUARY 27, 2024

Sustainable supply chains can address the key drivers of forest and biodiversity loss in the agriculture and forestry sectors, fueling biodiversity conservation and responsible sourcing of commodities like palm oil, soy, timber, and much more.

Sustainability 130

Sustainability Supply chain Risk management Sourcing 130

Procurement Insights

OCTOBER 31, 2024

What is optimized inventory management? What is supply chain risk management? Most of us would answer No to that question. What are collaborative supplier networks?

Supply Chain Optimization 75

Supply Chain Optimization Risk management Networking Collaboration 75