Obobo

DECEMBER 13, 2022

What is Third Party Risk Management? First, let’s start with understanding what risk management is. Risk management is the process of identifying, assessing, and controlling risks. Now that we have a general understanding of risk management, let’s talk about third party risk management (TPRM).

Risk Management 40

Risk Management Risk Management Management Insurance 40

IBM Services

FEBRUARY 13, 2024

For sourcing teams, that means pivoting their mindset around selecting suppliers from a tactical, lowest-cost-above-all approach to a strategic one. Where tactical sourcing is a short-term strategy, strategic sourcing is for long-term business goals. And from that group, 71% would pay a premium for it.

Strategic Sourcing 86

Strategic Sourcing Sourcing Supply Chain Management Inventory Management 86

SIG Speaks

DECEMBER 8, 2022

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate Lois Peric shares the essential components for building a third-party risk management program. There are essential components when establishing a third-party risk management program in an organization where none exists.

Risk Management 40

Risk Management Risk Management Management Design 40

Everest Group

APRIL 28, 2022

Sharing sensitive data with outsourcing providers in today’s interconnected digital world has increased organizations’ vulnerability to cyberattacks, making it more important than ever to have an effective supplier cyber risk management strategy. Not having a formal supplier cyber risk management strategy can cause compliance issues.

Risk Management 52

Risk Management Risk Management Management Cybersecurity 52

Sourcing Advisors Group

OCTOBER 27, 2020

There is a brewing conflict in the world of Procurement – firms are aggressively pursuing Vendor Diversification while the same time, they are unable to manage most of their incumbent vendors, according to a recent Deloitte survey. Shortcuts Do Not Work. A surprise to no one, shortcuts will not resolve this challenge. The Path Forward.

Risk Management 52

Risk Management Risk Management Efficiency Strategic Sourcing 52

IBM Services

DECEMBER 15, 2023

Open-source artificial intelligence (AI) refers to AI technologies where the source code is freely available for anyone to use, modify and distribute. Open-source AI projects and libraries, freely available on platforms like GitHub, fuel digital innovation in industries like healthcare, finance and education.

Sourcing 72

Sourcing Out-Tasking Collaborations Research 72

IBM Services

FEBRUARY 19, 2024

In today’s complex global business environment, effective supply chain management (SCM) is crucial for maintaining a competitive advantage. Here’s how companies are using different strategies to address supply chain management and meet their business goals.

Supply Chain Management 88

Supply Chain Management Management Inventory Management Analytics 88

Obobo

AUGUST 31, 2022

How Does Strategic Sourcing Work? The aim of strategic sourcing is to ensure the timely delivery of goods and services in line with an organisation’s business objectives, while reducing supply chain risks and costs. How Does Strategic Sourcing Work? The benefits of strategic sourcing. Table of Contents.

Strategic Sourcing 59

Strategic Sourcing Sourcing Risk Management Risk Management 59

Obobo

AUGUST 31, 2022

How Does Strategic Sourcing Work? The aim of strategic sourcing is to ensure the timely delivery of goods and services in line with an organisation’s business objectives, while reducing supply chain risks and costs. How Does Strategic Sourcing Work? The benefits of strategic sourcing. Table of Contents.

Strategic Sourcing 52

Strategic Sourcing Sourcing Risk Management Risk Management 52

Obobo

JULY 1, 2022

What Is Source-To-Pay (S2P)? Source-To-Pay Vs Procure-To-Pay. What Is Source To Pay (S2P)? An S2P is a sourcing and procurement process in which suppliers are sought out, negotiated with, signed up for, and eventually paid for their products or services. What Is The Source to Pay Process? Source to pay process: 1.

Sourcing 52

Sourcing Accounting Software Automation 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. Yet storms like those mentioned above—despite receiving more media attention—are only a part of the equation.

Sourcing 100

Sourcing Advisory Risk Management Risk Management 100

Everest Group

JUNE 1, 2023

LIVE WEBINAR The Future of Supplier Management: How Technology Can Be Your Competitive Advantage June 1, 2023 | 9 a.m. IST Traditionally, most organizations have managed their suppliers through spreadsheets and outdated processes. Which activities can be impacted by technology under supplier lifecycle management? CDT | 10 a.m.

Management 52

Management Risk Management Risk Management Cybersecurity 52

31 West

NOVEMBER 25, 2023

In the rapidly evolving digital landscape of the 21st century, Information Technology Service Management (ITSM) has emerged as a critical component in various sectors, especially in education. Drawing on various methods and sources, we’ll explore how effective ITSM can revolutionize the educational experience.

Management 130

Management Service Administrative Research 130

Future of Digital Sourcing Outsourcing

OCTOBER 14, 2022

On October 19th, the Future of Sourcing Awards will celebrate organizations and individuals that have shown innovation, leadership and transformation in categories that are critical to the sourcing industry. In today’s dynamic ESG risk landscape, data collected at a point in time is quickly stale.

Management 72

Management Sourcing Risk Management Risk Management 72

SIG Speaks

JUNE 20, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Thomas Cooper describes how with the increasing pressures on supply chains and sourcing organizations lately, efficiency and effectiveness cannot be understated in an organization. Typically, interfaces are where the most significant risks are in any system.

Sourcing 40

Sourcing Strategic Sourcing Impact Sourcing Engineering 40

Forrester Digital Transformation

NOVEMBER 17, 2021

Following up the previously published Now Tech report, I’m excited to announce that “The Forrester Wave™: Enterprise Fraud Management In Asia Pacific, Q4 2021” is now live.

Management 130

Management Sourcing Risk Management Risk Management 130

IBM Services

OCTOBER 16, 2023

AI governance refers to the practice of directing, managing and monitoring an organization’s AI activities. It encompasses risk management and regulatory compliance and guides how AI is managed within an organization. Foundation models can use language, vision and more to affect the real world.

Government 77

Government Management Risk Management Risk Management 77

Obobo

OCTOBER 25, 2022

How can a supplier management software reduce risk? Introduction Supplier management software (SMS) is one of the most important tools in any business’s toolkit. It can help you manage and track your supplier relationships, ensuring that you’re getting the best possible products at all times.

Software 52

Software Management Risk Management Risk Management 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.

Management 40

Management Risk Management Risk Management Banking 40

Obobo

JULY 12, 2022

The Ultimate Guide To Successful Supplier Lifecycle Management. Supplier lifecycle management involves managing these aspects. By ensuring quality throughout the cycle, supplier lifecycle management enables companies to identify the right suppliers and get better value. What Is Supplier Lifecycle Management?

Management 52

Management Risk Management Risk Management Collaborations 52

IBM Services

MAY 1, 2024

Unlocking the full potential of supply chain management has long been a goal for businesses that seek efficiency, resilience and sustainability. From demand forecasting to route optimization, inventory management and risk mitigation, the applications of generative AI are limitless.

Supply Chain Management 73

Supply Chain Management Inventory Management Risk Management Risk Management 73

Obobo

JULY 27, 2022

The Ultimate Guide To Successful Supplier Lifecycle Management. Supplier lifecycle management involves managing these aspects. By ensuring quality throughout the cycle, supplier lifecycle management enables companies to identify the right suppliers and get better value. What Is Supplier Lifecycle Management?

Management 52

Management Risk Management Risk Management Collaborations 52

Everest Group

DECEMBER 14, 2022

Top Managed Detection and Response (MDR) Services The rise in enterprise touchpoints in the form of IoT, SaaS, and cloud have added to the woes of CISOs by significantly increasing the attack surface. Cyber Insurance Market: Carriers Navigating through a Changing Risk Landscape. Our Thinking. Learn More. Learn More.

Management 52

Management Cybersecurity Service Insurance 52

SIG Speaks

JANUARY 5, 2022

SIG University Certified Supplier Management Professional (CSMP) program graduate Gicela Isla-Richter breaks down the importance of the selecting the correct sourcing business model and the levels of supplier management. These models determine the effort we need to invest to achieve successful supplier management.

Sourcing 40

Sourcing Government Right-Sizing Risk Management 40

Capgemini

SEPTEMBER 21, 2021

Based on current trends, the International Renewable Energy Agency (IRENA) estimated that by 2050 only 20 percent of total commercial and industrial electricity demand will be addressed by renewable energy sourcing. Notably, solar and wind power are already cheaper than conventional sources in almost all regions.

Sourcing 52

Sourcing Design Risk Management Risk Management 52

Infosys Consulting

OCTOBER 19, 2023

Figure 1: Evolving paradigms in wealth management Technology, data, and analytics remain the key in this changing business model. Figure 2: AI-first wealth management Wealth management firms need to reorient themselves and become AI-first. financial planning, portfolio management).

Management 52

Management Co-Sourcing Insurance Banking 52

Sourcing Captain

SEPTEMBER 21, 2021

For anyone who is into sourcing, it is essential to understand the difference between purchasing and procurement. Risk management is another factor that differentiates purchasing from procurement. There are several supply chain risks such as operational risks, financial risks etc. Purchasing.

Manufacturing 130

Manufacturing Sourcing Research Risk Management 130

Everest Group

OCTOBER 14, 2021

It may seem at times that the IT and procurement departments can be on different planets when it comes to IT sourcing services spend. Anyone who has set up a new procurement department at a firm with large volumes of untracked indirect spend knows they first need to target the IT department and get involved in their sourcing projects.

Sourcing 52

Sourcing Cybersecurity Right-Sizing Risk Management 52

Mattsen Kumar

OCTOBER 20, 2021

This is why Business Process Management is being adopted by an increasing number of businesses throughout the world. What Is Business Process Management? BPM has evolved into a widely accepted management discipline, and its importance in today’s automation-driven business economy cannot be overstated.

Management 52

Management Out-Tasking Finance Software 52

Planergy Software

SEPTEMBER 20, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Corporate travel management software streamlines business travel processes by automating tasks such as booking flights, tracking expenses, and providing insights into travel spending patterns.

Management 52

Management Right-Sizing Software Finance 52

Everest Group

OCTOBER 10, 2023

Leading providers are also investing in developing capabilities and solutions in emerging areas such as sustainability, risk management, and direct spend management.

Outsourcing 75

Outsourcing Service Sourcing Payroll 75

SirionLabs

JULY 6, 2022

Engineering Digital Transformation Through Healthcare Contract Management Integrating digital technology enterprise-wide allows healthcare organizations to make fundamental changes to their operational processes, strategies, and customer experience. This process begins with the deployment of contract lifecycle management (CLM) technology.

Healthcare 52

Healthcare Management Regulations Analytics 52

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

Everest Group

NOVEMBER 16, 2022

Capital market firms are embracing green underwriting, while asset and wealth managers are steadily moving toward ESG investing. ESG performance tracking and reporting – Set up dedicated ESG performance reporting teams at GBS centers, which, in turn, will own the management and execution of ESG performance tracking and reporting tasks.

Sourcing 52

Sourcing Banking Global Business Services Impact Sourcing 52

Planergy Software

MARCH 24, 2022

How better management in AP can give you better flexibility for cash flow management. Supplier Management Best Practices. Best Practices & Tips Business Process Management (BPM) Supplier Relationship Management. But when managed poorly, it can add an extra layer of stress. Download Free Copy. Written by.

Management 52

Management Insurance Supply Chain Management Right-Sizing 52

Obobo

JANUARY 13, 2023

What is a Procurement Project Management Software? This extends to the procurement process as well, where many companies are now opting for procurement project management software to streamline their processes. But what is a procurement project management software exactly? What is procurement project management software?

Software 40

Software Management Out-Tasking Inventory Management 40

Planergy Software

SEPTEMBER 8, 2022

How better management in AP can give you better flexibility for cash flow management. Supplier Performance Management: How and What To Measure. Best Practices & Tips Supplier Performance Supplier Relationship Management. What Is Supplier Performance Management? Why Is Supplier Performance Management Important?

Management 52

Management Finance Flexibility Software 52