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A Comprehensive Guide to Effective Supplier Risk Management

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A Comprehensive Guide to Effective SRM

What’s inside?

Learn all you need to know about supplier risk management with our comprehensive guide that’ll help ensure your organization identifies & manages risks.

  • Benefits of SRM: Boost your organization by identifying and averting supplier risks for a resilient supply chain.
  • Risk Assessment: Create a strategy to assess minor and major supplier risks.
  • Leverage Technology: Enhance vendor risk management through real-time tracking, automation, and data analytics.
  • Future Trends: Stay ahead with AI and machine learning for predictive SRM.

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Article — 30 min read

A Comprehensive Guide to Effective Supplier Risk Management

What is supplier risk management? Supplier risk management (which can be referred to as SRM, although this acronym more commonly means supplier relationship management) is a process that identifies, assesses and mitigates threats posed in the organization’s supply chain that have the potential to impact revenue generation and profit. It should be considered an essential […]

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Article — 15 min read

Unlocking The Power of Supplier Performance Management

As the business landscape continues to accelerate around the globe, the need for strategic and effective management of supplier performance has never been more important. At the center of this paradigm is Supplier Performance Management (SPM) – a critical component of comprehensive supply chain management that has demonstrated that it is crucial in driving business […]

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Webinar — min watch

How To Improve Transparency & Reduce Supply Chain Risks When Working With Suppliers

The shift from cost-savings to supply chain resilience has reshaped the order of the list of top priorities for many organizations. Using supplier risk management software to mitigate and reduce supply chain risk and achieving greater transparency now dominate the thinking for 2022, especially in light of recent global events and as a result of […]

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