Procurement has a mandate to take the lead in supplier risk management, but a robust risk management program requires a multifaceted approach. Organizations must collect and track their suppliers’ ...

When it comes to supplier risk management, many procurement teams are lagging. In fact, fewer than half are responsible for executing operations related to third-party risk management, according to ...

But 78% of respondents also say that they’re collaborating more with suppliers today than three years ago and 50% have increased their level of information sharing. New supplier relationship ...

GPOs can help take the time and resource-intensive risk management process out of your hands and can provide better solutions than you may achieve yourself. GPOs will provide not only bundled, ...

A study by a leading management consulting firm found that senior executives at seven out of 10 Global 2000 companies feel that business risks have “significantly increased” over the past 10 years.

Procurement market intelligence firm SpendEdge examines the advantages and challenges of supplier risk management in its blog Supply Chain 101 – Why Supplier Risk Management is Essential for ...

LONDON--(BUSINESS WIRE)--SpendEdge, a leading provider of procurement market intelligence solutions, has announced the completion of their supplier risk analysis engagement for an industrial ...

By Gordon Donovan, Market Research Director – Procurement and Supply, SAP “When the world is predictable you need smart people. When the world is unpredictable you need adaptable people.” ...

Over the past few years, I have attempted to clarify some of the key terms in the procurement lexicon. Previously, we have looked at category management and supply chain risk.