An executive overview of recent research about Third Party Risk Transparency and Visibility. 

Learn more about the research to understand the processes and technologies being used to map the sub-tiers of the supply chain, how to spot and identify financial or operational distress, how to isolate risk in the sub-tier and more.

Supply management ROI is a simple way to communicate the value your supply management group delivers to stakeholders. In 2022, every US$1 invested in supply management returned $7.05, an average of all companies’ ROI using reduction + avoidance savings.

Read about: Third Party Risk, Technology Solutions, Recession, Optimize Supply Chains, AI and Data Centers

Based on a recent CAPS Research survey, the top 5 software solutions being used for sourcing and procurement are SAP Ariba, Salesforce, In-house tools, Coupa BSM, and Microsoft Azure.

A business case is made for both domestic and overseas sourcing with the primary factor related to market dynamics and customer demand.

Read about: Integrated Sourcing, JIT Strategy, PO Automation, Report on Business, Manufacturing Supercycle, Chip Supply Chain