Remove Information Remove Risk Management Remove Strategic Sourcing
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The Key Pillars of Third-Party Risk Management

ivalua

Third-party Risk Management (TPRM) within Services organizations, especially Financial Services (FSI), has become critical over the last few years. Some of this is due to regulation but a lot is simply due to the increase in risk occurrences of varying types and the increasing complexity of third- party relationships.

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What is Strategic Procurement, and How Can Cooperative Purchasing Help?

American City & Country

Strategic procurement is more than just buying goods and services—it’s about creating value, optimizing resources, and aligning purchasing decisions with organizational goals. In this blog, we’ll explore key best practices and show how leveraging group/cooperative purchasing can help you master the art of strategic sourcing.

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Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience

ivalua

As teams worked with suppliers through creative solutions, it became obvious that transparency and supplier risk management are essential components to maintain stability during crises like these. The pandemic saw incredible growth in this area and highlighted opportunities for improvement within procurement processes and procedures.

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Leveraging Data Analytics in Procurement: Unlocking Efficiency and Strategic Value

Tracker Intelligence

Data-driven decision-making enables procurement teams to improve performance and align with wider organisational goals including corporate social responsibility and risk management. Prior purchase data is also used for demand forecasting improving resource management and operational efficiency.

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Supplier Risk and Performance Management

ivalua

A checklist guide to getting the most out of your supplier risk management program. This reliance can increase supplier risk or uncover a large source of value and supplier innovation for organizations. . Employ more structured processes around supplier risk management. Step 1: Gather Supplier Information.

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Thank You for a Successful Spring Training Conference!

The Coalition for Government Procurement

Day One Speakers Keynote Speakers: Christine Harada , Senior Advisor, OFPP, OMB Moshe Schwartz , President, Etherton and Associates Panelists: Bonnie Evangelista , Acting Deputy Chief Digital and Artificial Intelligence Officer for Acquisitions, DoD Polly Hall , Senior Advisor to the Chief Procurement Officer, DHS Udaya Patnaik , Chief Innovation (..)

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A Rare Opportunity To Reset And Accelerate

ivalua

Now is the time to show the business how Procurement can add value around supplier risk management , new sources of supply, changes to contractual arrangements and much more. How much information do you have on your suppliers? Building resiliency begins with suppliers but must involve collaboration with the business.