Blogs
Optimizing Third-Party Supplier Relationships with a Supplier Portal
The quality of your supplier/vendor relationships determines the success of your supply chain. Especially, in this time of disruption & transformation, optimizing your supplier relationships is crucial for an agile supply chain and a resilient enterprise. However, most enterprises have
Booster Shot for your IT Partner/Supplier EcosystemGoing beyond a traditional VMS to boost the value from your managed services and staffing engagements
The COVID-19 pandemic and its rapid impact on the global economy have made it crucial for enterprises to be adaptable and responsive to changes. Enterprises are now turning to their third-party IT Partner/Supplier ecosystem to effectively adapt and react in
Privacy Shield Invalidation and the Impact on Supplier Governance
The rise of the internet is one of the most critical events in the history of our species. It connected the world like never before and enabled people and businesses to rethink the traditional ways of doing things. The internet-enabled
Key Elements of the Next Generation Supplier Portals
The business landscape went through a drastic disruption and transformation due to the COVID-19 pandemic, and supplier management has taken center stage for enterprises to ensure supply chain agility and organizational resilience. The performance of supplier relationships and effective communication
7 Elements of an Effective Third-Party Risk Management and Governance Framework for Financial Services Providers
The increasing complexity of functions in the financial services sector necessitates specialization. This, in turn, has given rise to large-scale outsourcing and partnering by banking, insurance, and financial service providers to a growing number of third parties. According to the
Impact of Covid-19 on Strategic Supplier Relationships
More than 75% of the companies have had moderate to severe impact to their relationship with suppliers and the suppliers ability to deliver on their contractual obligations due to Covid-19. More and more organizations are finding it difficult to review