Remove Automotive Remove Ethics Remove Risk Management
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5 Steps Towards Modernizing Supplier Management

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Most supply risks, whether from disruptions or ethical violations, lurk not among immediate suppliers, but in the sub-tier. Effective risk management or improvement plans must include sub-tier suppliers. The breadth of 360-degree visibility into your immediate suppliers must be complemented with depth.

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Procurement in the Age of Uncertainty: 4 Lessons from the New Forrester Study

ivalua

This is a key reason for the shift towards a core platform for spend/supplier management – collaboration needs to be embedded in Source-to-Pay processes and it does not stop and end with any one process. Disruptions, ethical and compliance risks are more likely to occur deep in your supply chain. Second, map your sub-tier.