New procurement technology is changing the game for supplier risk management.
Managing supplier risk is a challenging, data-rich process. Most organizations are receiving disparate supplier data generated by a variety of sources. Creating and maintaining a well-oiled machine requires extreme analytical power.
Predictive analytics, AI and cloud-based technology are making it easier than ever before to harness that data to create a stronger, more competitive enterprise.
In this webinar, experts from GEP and Global Risk Management Solutions (GRMS) will discuss supplier risk management frameworks through the lens of direct material sourcing. They will look at a variety of risk factors and how they can impact business continuity, the new technological tools for gathering and analyzing data, and how to pinpoint the approaches that work for different supplier categories.
Come away from this webinar with:
- A better understanding of supplier risk factors in direct procurement and the supply chain
- How to create an effective supplier risk management program by taking a segmentation approach
- Knowledge of new and disruptive technologies that allow procurement and supply chain organizations to better harness and analyze supplier risk data