A Golden Victory in the 2022 Strategic Sourcing Data Quadrant Report
May 3, 2022
Named a gold medalist ahead of all other vendors, Scanmarket ranks #1 in the 2022 Data Strategic Sourcing Quadrant Report for the second year in…
Third-Party Risk Management in a New Risk Landscape
Apr 12, 2022
Risk management is more complex than ever, and procurement processes look considerably different than they used to. Unprecedented global events have d…
Benefits of Risk Management Software
Apr 7, 2022
Any business proposition, relationship or contract involves some element of risk, no matter the size or industry. However, it is how busine…
Apr 5, 2022
A third party is any entity that a company does business with. This may include suppliers, vendors, contract manufacturers, business partners and affi…
Thought Leadership on TPRM Related to Procurement & Supply Chain
Mar 30, 2022
Scanmarket has collaborated with thought leaders to produce a series of briefing notes about the quickly evolving third-party risk management (TPRM)…
Managing Risk Assessments In the Workplace
Mar 22, 2022
Managing risk assessments in the workplace is not just about employee training and installing hazard signs. While it sounds self-explanatory, the proc…
Why Third-Party Risk Management Is So Important
Mar 17, 2022
Contract management is an exercise in risk mitigation because contracts govern the flow of resources and money to outside interests. To manage th…
Best Practices in Third Party Risk Management
Mar 10, 2022
Outsourcing has become increasingly more common as the global marketplace is made more accessible by digital technologies. While this can be a cost ef…
Third-Party Risk Management in the Procurement Process
Mar 8, 2022
The long-term nature of the procurement process means there is greater complexity in the factors to consider when making procurement decisions. The ac…
7 Steps For Successful Contract Lifecycle Management
Mar 3, 2022
Risk mitigation is always one of the most important objectives of contract lifecycle management (CLM). The legally binding contract is be designed to …
Why is Contract Lifecycle Management Important?
Mar 1, 2022
Contract life cycle management or CLM, is simply the management of any type of contract from the initial stages to expiration or renewal. CLM is impor…
How to Manage Supply Chain Risk
Mar 1, 2022
A business is unable to fulfill its obligations to customers without a functioning supply chain, and not all supply chain risk is within the control o…