Spend Matters

OCTOBER 31, 2024

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. It was around 2020 when I saw organizations really start to focus on risk, both the broader risk in their environment and the risks in their supply chain.”

Risk management 114

Risk management Risk Import Real-time Visibility 114

Spend Matters

NOVEMBER 5, 2024

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.

Risk management 117

Risk management Risk Management Supply Chain Efficiency 117

Spend Matters

NOVEMBER 12, 2024

As part of our Q4 research into supplier risk, third-party and supply-chain risk management (TPRM/SCRM) and the solutions that support it, we have not only conducted analyst- and market-led research in the shape of analyses, advisory, definitions and webinars.

Risk management 115

Risk management Risk Supplier relationship management Management 115

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

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 106

Risk management Risk Management Collaboration 106

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 157

supply chain software solutions Risk management Risk Supply chain 157

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 118

Risk management Risk Management Supply chain 118

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 118

Risk management Risk Management Procurement 118

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

Spend Matters

NOVEMBER 13, 2024

In today’s fast-evolving business landscape, procurement and supply chain professionals are confronted with a staggering complexity of risk management (link to complexity piece) that requires a nuanced understanding of various dimensions of risk.

Risk 115

Risk Suppliers Risk management Agile and Lean Supply Chain 115

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 109

Risk Risk management Procurement Supply chain 109

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 107

Agile and Lean Supply Chain Management Supply Chain Efficiency Material management 107

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 111

Risk Strategy Agile and Lean Supply Chain Procurement 111

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 113

Risk Risk management Contract Supply chain 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 106

Risk management Risk Suppliers Vendor management 106

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 112

Supply Chain Efficiency Risk management Real-time Visibility Ethics 112

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 120

Risk management Risk Buyers Supply management 120

Supply Chain Brain

JUNE 8, 2025

Risk management using artificial intelligence can identify and mitigate tariff exposures across multi-tier supply chains, says Kit Conklin, global head of risk and compliance at Exiger.

Supply chain 97

Supply chain Risk management Supply Risk 97

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 20, 2024

In today’s interconnected global business environment, supply chain risk management (SCRM) has emerged as a critical discipline for organizations striving to maintain operational continuity and a competitive advantage.

Agile and Lean Supply Chain 118

Agile and Lean Supply Chain Supply Chain Visibility Ethics Supply chain 118

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 112

Risk Supply Chain Efficiency Supply chain Suppliers 112

Procurement Leaders

JUNE 2, 2025

During that call, a leader in risk management for one consumer goods company shared their enhanced approach to supplier segmentation, which has helped them evolve how they undertake supplier management. Coincidentally, this was also the focus of a recent community discussion among Procurement Leaders SRM & Innovation cohort.

Suppliers 130

Suppliers Agile and Lean Supply Chain Supply Chain Efficiency Leadership 130

ivalua

MAY 29, 2025

When you combine this with Ivalua’s supplier management capabilities , you gain a unified view of supplier profiles, certifications, performance, and risk factors. With Ivalua, companies can implement robust supplier risk management programs that combine internal data, third-party risk feeds, and real-time alerts.

Supply chain management 130

Supply chain management Supply chain management Supply Chain Efficiency Agile and Lean Supply Chain 130

ivalua

MAY 10, 2025

This guide breaks down the key procurement technologies in use today and the trends reshaping the future, such as AI-driven sourcing, predictive risk management, and deeper integration across the supply chain. Your procurement technology platform should help unify data and processes across tiers to avoid disruptions.

Supply Chain Efficiency 130

Supply Chain Efficiency Real-time Visibility e2e Procurement 130

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 114

supply chain software solutions Supply Chain Efficiency Procurement Raw materials 114

Spend Matters

JUNE 11, 2025

Ironclad targets large enterprise customers in a variety of industries and its CLM capabilities cover both standard (repository-based/renewals) and advanced use cases such as AI-based risk management and redlining.

Contract 88

Contract Management Buyers Risk management 88

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

Spend Matters

JANUARY 9, 2025

We are looking to these individuals especially those who can demonstrate tangible achievements in sustainability, AI integration or risk management to step up. By leveraging SAP Ariba solutions, the company has enhanced its sustainability efforts and improved risk management.

Procurement 120

Procurement Procurement team Contract Supply Chain Efficiency 120

ivalua

JUNE 17, 2025

Powerful supplier risk management solutions are vital to ensure compliance while performance tracking will help make supply chains more resilient as weak links can be spotted by AI-powered procurement analytics tools and then pro-actively addressed. Build basic AI literacy across the team to fully leverage AI’s transformational impact.

Sourcing 100

Sourcing e2e Procurement team supply chain budgeting 100

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

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 86

Procurement Category management Chief Procurement Officer Project management 86

ivalua

MAY 28, 2025

Through a strategic and forward-thinking approach, Manulife unlocked unprecedented levels of efficiency, strengthened risk management strategies, and built the agility needed to thrive amidst an evolving regulatory environment.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Innovation Supply Chain Efficiency Chief Procurement Officer 130

ivalua

MAY 30, 2025

As they receive new information, they can adjust their actions to outcomes for things like supplier negotiations, risk management, and spend analysis. Instead of spending time on manual work like data entry, vendor chasing, and basic reporting, teams can now focus on higher-value activities such as risk management or cost optimization.

Procurement 130

Procurement Supply Chain Optimization supply chain software solutions Procurement team 130

ivalua

MAY 30, 2025

As they receive new information, they can adjust their actions to outcomes for things like supplier negotiations, risk management, and spend analysis. Instead of spending time on manual work like data entry, vendor chasing, and basic reporting, teams can now focus on higher-value activities such as risk management or cost optimization.

Procurement 130

Procurement Supply Chain Optimization supply chain software solutions Procurement team 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