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Public Safety Starts with Smart Procurement

American City & Country

From acquiring security staff and surveillance technology to event-specific safety gear, having a well-coordinated procurement plan is essential for effective crowd and event management. With OMNIA Partners, procurement teams have access to a portfolio of suppliers who provide quality, compliance, and reliability.

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Be Prepared: Improving Supplier Risk Management In Your Business

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From inventory management to customer shipping, leave nothing to chance when it comes to supply chain risks. With that in mind, let’s take a look at how supplier risk management can benefit your business and prevent the disruption of services. Understanding Supplier Risk Management.

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

American City & Country

Your procurement strategy should outline short-term and long-term goals, identify potential risks, and focus on building strong supplier relationships. For instance, instead of conducting lengthy RFP processes, your team can access ready-made contracts with industry leading suppliers.

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The Key Pillars of Third-Party Risk Management

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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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Supplier information challenges in the automotive industry

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The audience was extremely engaged as many of them continue to look for better ways to generate the most value from the supplier selection process and ongoing supplier management. Manufacturers need better supplier information. But the lack of timely & accurate supplier information stood as a great impediment.

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It’s Time to Rethink Supply Chain Risk Management

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Herculean efforts by Procurement and Supply Chain departments to keep supplies flowing have prevented even more extreme disruptions than what we’ve experienced, but have inadvertently created additional risks. . Organizational abilities to effectively assess risk and engage suppliers to mitigate it are woefully lacking in most cases.

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A Look at Direct v. Indirect Supplier Management in Three Industries

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The most fundamental spend categorization in Procurement is the line between direct and indirect spend, but one effort that transcends this split is supplier management. This includes supplier information management, supply chain risk management/mitigation, and supplier performance management.