Sourcing Advisors Group

OCTOBER 27, 2020

The growing approved supplier base and decreasing supplier visibility will further deteriorate what is already a bleak performance of most Strategic Sourcing teams. In fact, most firms generate no Strategic Sourcing bottom-line results, as Vendor Spending is increasing as fast, or faster, than Revenue growth. Shortcuts Do Not Work.

Risk Management 52

Risk Management Risk Management Efficiency Strategic Sourcing 52

Future of Sourcing

MAY 9, 2023

Conducting Sourcing During a Crisis Following strategies are adopted by best-in-class procurement teams that help them navigate through the uncertainties faced during a calamity: 1. Investing in Collaborative Sourcing Every procurement expert stresses the importance of collaboration.

Sourcing 52

Sourcing Collaborations Analytics Strategic Sourcing 52

Sarah Holliman

DECEMBER 19, 2018

With so many avenues for entry, managing risk has become everyone’s job , and the sourcing organization is front and center as their direct relationship with third parties increasingly puts them in the driver’s seat. Consistency. This includes a consistent strategy, message and framework.

Sourcing 100

Sourcing Advisory Risk Management Risk Management 100

IBM Services

FEBRUARY 19, 2024

Here’s how companies are using different strategies to address supply chain management and meet their business goals. Why supply chain management matters Supply chain management involves coordinating and managing all the activities involved in sourcing , procurement, conversion and logistics.

Supply Chain Management 86

Supply Chain Management Management Inventory Management Analytics 86

IBM Business Partners

JUNE 29, 2023

Learn more about IBM Planning Analytics Integrated business planning framework Integrated Business Planning (IBP) is a holistic approach that integrates strategic planning, operational planning, and financial planning within an organization.

Supply Chain Management 80

Supply Chain Management Analytics Collaborations Human Resources 80

Everest Group

FEBRUARY 22, 2024

This includes banks and credit institutions, investment firms, trading platforms, and providers delivering critical services like cloud computing, data centers, credit ratings, and data analytics. DORA framework DORA establishes a comprehensive framework for managing digital operational resilience across the financial sector.

Regulations 59

Regulations Cybersecurity Risk Management Risk Management 59

31 West

JANUARY 31, 2023

Understanding Data Discovery Data discovery is the collection and analysis of data from different sources. Often linked to business intelligence, data discovery informs the decisions of companies by bringing together large chunks of data from siloed sources and extracting the important information. Let’s go through them here: 1.

Risk Management 130

Risk Management Risk Management Sourcing Regulations 130

McKinsey and Company

OCTOBER 7, 2022

To realize the full benefits of machine learning and advanced analytics in anti–money laundering, institutions need AML experts, strong data science talent, and reliable data sources in the fight against this type of financial crime.

Analytics 128

Analytics Sourcing Risk Management Risk Management 128

Amzur

JUNE 7, 2023

From advancements in technology and data analytics to evolving regulatory landscapes and changing stakeholder expectations, this blog equips CFOs with the knowledge and strategies needed to thrive in the year ahead. Conducting a comprehensive risk assessment is another vital step.

Finance 52

Finance E-Commerce Analytics Risk Management 52

NoonDalton

JULY 19, 2023

The RPO provider essentially becomes an extension of the company’s own human resources or talent acquisition team, taking on responsibilities that can range from candidate sourcing, screening, and interviewing, to extending offers and even onboarding. me, low-skill positions. RPO can scale up or down rapidly to meet your needs.

Outsourcing 52

Outsourcing Reduced Overhead Right-Sizing Analytics 52

Everest Group

AUGUST 25, 2023

Integrating Generative Artificial Intelligence (GAI) into Source-to-Pay (S2P) processes can reshape procurement operations. Our survey of procurement professionals found the technology holds great potential to transform spend analytics and cost optimization while increasing efficiency and saving time.

Analytics 52

Analytics Sourcing Out-Tasking Efficiency 52

The Hackett Group

FEBRUARY 16, 2024

Data analytics and reporting topped the list of planned improvement initiatives for 2024, followed by talent management. Data analytics was one of several improvement initiatives deemed to be of high importance but low maturity, making it a critical development area. spending increase.

Advisory 59

Advisory Research Analytics Risk Management 59

Everest Group

SEPTEMBER 14, 2022

Top Procurement Outsourcing Services Procurement Outsourcing (PO) engagements shifting to improving outcomes and covering more judgment-intensive and strategic processes across the Source-to-Pay (S2P) value chain. Managing Risk in Services Sourcing. Learn More. Learn More. Learn More. What is the PEAK Matrix®?

Outsourcing 52

Outsourcing Service Sourcing Risk Management 52

Everest Group

MARCH 17, 2023

According to a McKinsey report, 43% of top 100 Property and Casualty (P&C) insurers have at least one MGA relationship to source new premiums. Sourcing implications MGAs operate in an area requiring specialized knowledge and experience in specific insurance markets and products.

Insurance 52

Insurance Robotics Process Automation Risk Management Risk Management 52

IBM Services

OCTOBER 26, 2023

This blog delves into these challenges and explores how siloed software solutions may fall short in innovation, particularly when transitioning from basic analytics to unleashing the full potential of AI capabilities. Moreover, siloed software often doesn’t seamlessly integrate into a multi-hybrid cloud corporate architecture.

Software 76

Software Risk Management Risk Management Sourcing 76

IBM Services

FEBRUARY 13, 2024

The quality of outputs depends heavily on training data, adjusting the model’s parameters and prompt engineering, so responsible data sourcing and bias mitigation are crucial. In the realm of sales, generative AI boosts team performance by providing deep analytics and insights into customer behavior.

Out-Tasking 122

Out-Tasking Design Automation Sales 122

Future of Sourcing

APRIL 7, 2023

In this series, Future of Sourcing is talking to practitioners, technologists and executives to get their insights and expertise on navigating current and future challenges impacting sourcing, procurement, risk and supply chain professionals. After the past two years, there’s a lot that we can learn from each other.

Redistribution 59

Redistribution Regulations Risk Management Risk Management 59

Serigor Inc

NOVEMBER 8, 2022

Additionally, AI increases the capability and accessibility of augmented analytics tools, enabling you to examine and analyze vast, unstructured data to better understand the various elements affecting your company. AI-powered Big Data Analytics. Designing solutions powered by data based predictive analytics & AI.

Analytics 52

Analytics Risk Management Risk Management Design 52

Serigor Inc

NOVEMBER 8, 2022

Additionally, AI increases the capability and accessibility of augmented analytics tools, enabling you to examine and analyze vast, unstructured data to better understand the various elements affecting your company. AI-powered Big Data Analytics. Designing solutions powered by data based predictive analytics & AI.

Analytics 52

Analytics Risk Management Risk Management Design 52

Capgemini

NOVEMBER 30, 2022

By procuring data from a variety of sources, they can enrich their own data and improve in areas like risk management. It reduces the cost and you can have better risk management because you’re benefiting from experiences and the data from your competitors,” Parmar says.

Service 52

Service Finance Risk Management Risk Management 52

IBM Services

DECEMBER 13, 2023

It can nurture collaborative partnerships with suppliers and integrate ethical and environmental (green purchasing) considerations into the sourcing strategy. This enables an effective and adaptive approach to sourcing that creates value and minimizes risk.

Administrative 70

Administrative Sourcing Collaborations Strategic Sourcing 70

IBM Services

SEPTEMBER 15, 2023

Key challenges in meeting Sustainability disclosure requirements For most companies today, meeting this wide range of requirements will force accelerating the maturity level of ESG data quality, data management, and governance controls, as well as streamlining the ESG reporting processes to ensure auditability.

Regulations 77

Regulations Analytics Government Automation 77

IBM Services

OCTOBER 16, 2023

It encompasses risk management and regulatory compliance and guides how AI is managed within an organization. Open-source projects, academic institutions, startups and legacy tech companies all contributed to the development of foundation models.

Government 75

Government Management Risk Management Risk Management 75

Infosys Consulting

FEBRUARY 23, 2023

One of the main differences in sourcing ESG data is the heavy dependence on external providers. The trick is in finding the right balance between the existing and upcoming data sources to ingest relevant data which aligns with the business needs of the firm. Hence, it is important for FIs to prepare in advance.

Advisory 52

Advisory Sourcing Banking Analytics 52

SIG Speaks

NOVEMBER 10, 2022

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate Senthil Jagadeesan shares how important it is to manage the risk associated with artificial intelligence. It provided practical tips and guidance to tackle today’s challenges from Third-party risks. Background. Challenges.

Management 40

Management Risk Management Risk Management Banking 40

Paysquare

APRIL 30, 2024

AI-driven analytics provide real-time visibility into compliance status, which enables proactive risk management and continuous improvement efforts. iii) Regulatory Monitoring: AI facilitates proactive regulatory compliance management by continuously monitoring regulatory changes, industry trends, and compliance risks.

Government 52

Government Payroll Cybersecurity Regulations 52

Sarah Holliman

DECEMBER 13, 2017

Nearly five years ago I wrote a blog about Big Data and how it could be relevant for sourcing and supply chain professionals. The information being collected from Big Data initiatives is powerful and can provide predictive analytics and insightful information. Kearney Procurement & Analytic Solutions unit. What is ethical?

Robotics Process Automation 100

Robotics Process Automation Analytics Banking Risk Management 100

IBM Services

APRIL 20, 2023

Mapping data movement Data lineage solutions help banks map data movement from source systems and databases through processing and transformation pipelines to end use in risk models or reports. The value of data lineage applies across all industries, but there are three key focuses when you consider it for banking use cases: 1.

Banking 71

Banking Government Risk Management Risk Management 71

Everest Group

FEBRUARY 26, 2024

By joining forces, these banks will be better positioned to develop new competencies in data management, AI/ML, open application programming interfaces (APIs), and advanced analytics, aligning with the growing digitalization of banking services. BFS firms will need partners to devise modernization roadmaps to create long-term value.

Banking 59

Banking Risk Management Risk Management Marketing 59

SIG Speaks

JULY 30, 2021

As demand continues to rock supply chains, we prepare for the future of procurement and risk mitigation with a host of exciting resources, industry research and webinars to elevate you in your role. August Microlearning by SIG University: Contracting and A Holistic Approach to Risk Management. register now. . The problem?

Co-Sourcing 40

Co-Sourcing Risk Management Risk Management Sourcing 40

Planergy Software

SEPTEMBER 29, 2021

Such risk can originate outside your business or within its walls; it can strike upstream or down. Companies who invest in supply chain risk management understand the new role procurement occupies in their organizations, and take action to ensure this powerful source of strategic value generates maximum returns with minimal exposure.

Management 52

Management Supply Chain Management Risk Management Risk Management 52

Perficient Digital Transformation

JULY 10, 2023

Political climate, environmental issues, technology innovations, criminal activity, economic volatility/inflation, account diversity, and industry regulatory changes are just a few examples of factors that often spur reputational risk or crises. However, these reputational risk management (RRM) frameworks are still widely underdeveloped.

Service 40

Service Banking Risk Management Risk Management 40

SIG Speaks

AUGUST 31, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Andy Perkins highlights the key foundation for driving excellence between supplier and client in the new market we live in. In order to ensure that the business model is sound, Procurement should include: Risk management strategies for ensuring contract resiliency.

Collaborations 40

Collaborations Strategic Sourcing Sourcing Efficiency 40

IBM Services

OCTOBER 9, 2023

Unified endpoint management (UEM) and medical device risk management concepts go side-by-side to create a robust cybersecurity posture that streamlines device management and ensures the safety and reliability of medical devices used by doctors and nurses at their everyday jobs.

Risk Management 83

Risk Management Risk Management Cybersecurity Management 83

Everest Group

NOVEMBER 28, 2023

Automation, digital platforms, and data and analytics are the most prominent areas that have garnered considerable investment attention during this transformation era. Data and analytics play a pivotal role in delivering insights that can potentially unlock boundless possibilities in MGA’s operations.

Insurance 59

Insurance Service Co-Sourcing Analytics 59

Planergy Software

SEPTEMBER 24, 2021

Securing competitive advantage means mastering emerging technologies and developing strategies that incorporate risk management, data-driven decision making, and a collaborative, agile approach. They need to understand emerging technologies such as artificial intelligence, data analytics, and robotic process automation.

Finance 97

Finance Collaborations Flexibility Robotics Process Automation 97

Perficient Digital Transformation

NOVEMBER 10, 2023

This being the first blog post in a series of blogs by Perficient’s Financial Services Risk Management and Regulatory Capabilities Center of Excellence (CoE), we will be investigating the deposit structures of non-client banks over time.

Accounting 52

Accounting Banking Retail Risk Management 52