Remove Regulations Remove Risk Management Remove Sourcing
article thumbnail

Risk Management Data Strategy – Insights from an Inquisitive Overseer

Perficient Digital Transformation

Though this seems to be at a stage where some more push is required in terms of adoption in the risk management function. Traditional risk managers, by their job definition, are highly cautious of the result sets provided by the analytics teams.

article thumbnail

7 Risk Management Best Practices: A Guide for Global HR

Globalization Partners

Like most areas of business, global human resources (HR) teams face common risks that they must learn to navigate at each stage of the employee lifecycle – from recruitment to offboarding. We’ll start by setting out what we mean by risk management before collating a list of seven best practices. What is risk management?

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The synergy between UEM and medical device risk management

IBM Services

Unified endpoint management (UEM) and medical device risk management concepts go side-by-side to create a robust cybersecurity posture that streamlines device management and ensures the safety and reliability of medical devices used by doctors and nurses at their everyday jobs.

article thumbnail

3 Ways Sourcing Professionals Can Proactively Address Risk

Sarah Holliman

With so many avenues for entry, managing risk has become everyone’s job , and the sourcing organization is front and center as their direct relationship with third parties increasingly puts them in the driver’s seat. Consider the General Data Protection Regulation (GDPR) or blockchain technologies. Consistency.

Sourcing 100
article thumbnail

The Singapore Outsourcing Register: Obstacles and Suggestions to Meet this Regulatory Requirement from a Risk Management Perspective

SIG Speaks

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate William Chanto Castro shares the tricks to overcoming the obstacles to meeting risk regulations and requirements. 9). The information required by the Regulator may come from different sources depending on the company.

article thumbnail

4 strategic sourcing use cases to strengthen your supply chain

IBM Services

For sourcing teams, that means pivoting their mindset around selecting suppliers from a tactical, lowest-cost-above-all approach to a strategic one. Where tactical sourcing is a short-term strategy, strategic sourcing is for long-term business goals. And from that group, 71% would pay a premium for it.

article thumbnail

Unlocking the Value of Third-party Risk Management | Blog

Everest Group

Organizations are increasingly relying on third parties for various functions to cut costs and leverage external expertise, which can introduce significant security risks. which ultimately enhances the efficiency of the risk management program. Read on, or get in touch if you have specific queries on this topic.