article thumbnail

Implementing Procurement's Role in Third-Party Risk Management

SIG Speaks

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate Anna Sgro shares how adding procurement roles into third-party risk management systems can be a very effective contribution to your team.

article thumbnail

The risk management process for startups that you mustn’t skip

TMS

One of the most important tasks that a project manager must handle is assessing risks. There are pre-set risk management processes that most managers apply in order to run the projects smoothly, without encountering any problems. The basic risk management process contains five core steps.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Updating A Third-Party Risk Management Program

SIG Speaks

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate Nathan Coffet discusses the process of updating a Third-Party Risk Management program and the benefits it can have. Financial remuneration, if applicable, is typically rendered outside of accounts payable processes.

article thumbnail

You can make a difference and shape the future of Risk Management!

Risk Guide

Volumes have been written on the cause of the crisis the world is in, surveys have been done and many fingers are pointing in every direction—a couple of these are pointing straight at us, the Risk Professionals. It is time to renovate risk management. The basic Risk Management process cycle is one of those.

article thumbnail

Choosing Business Outsourcing Companies

Intugo

Ensure the company has the resources, infrastructure, and flexibility to scale operations seamlessly without compromising quality. Flexibility and Adaptability: The business landscape is dynamic. Their ability to anticipate, mitigate, and manage risks safeguards your interests and ensures business continuity.

article thumbnail

4 smart technologies modernizing sourcing strategy

IBM Services

Successful strategic sourcing often results in process optimization, cost management, customer satisfaction, risk management , increased sustainability and other benefits. In addition to enhanced decision-making, flexibility and visibility, analytics engines paired with AI can help manage supplier risk.

Sourcing 103
article thumbnail

Achieve Data Center Excellence with IBM and VMware

IBM Services

Finance: Optimized for high-speed transactions and can assist in providing robust security, harnessing AI for fraud detection and real-time risk management. Retail: Manage e-commerce platforms, customer data analytics and supply chain logistics, where data analysis often must occur at the edge.