Enterprises are increasingly adopting advanced tools for supplier risk management to gain greater visibility into risk factors, ensure compliance with regulatory standards, and proactively mitigate supplier-related risks. These technology tools, with their precision, efficiency, and responsiveness, significantly enhance risk management activities across the supplier base. The market report offers several solutions, including best-of-breed tools and comprehensive source-to-pay and source-to-contract suite providers. These solutions offer varying customizability and configurability levels and, thus, capabilities and functionality. However, enterprises often struggle to effectively navigate this vast landscape to select, implement, and optimize these solutions. In this report, we examine supplier risk management technology solutions and the AI-driven sourcing technology landscape. The report highlights AI’s role in enabling informed decision-making for supplier risk management and adopting relevant tools and technologies. Scope All industries and geographies This research leverages our interactions with nine leading supplier risk management technology providers worldwide Contents In this report, we: Examine adoption drivers for supplier risk management tools Assess technology providers’ capabilities Analyze provider profiles Membership(s) Procurement and Supply Chain Sourcing and Vendor Management

Managing supplier risk has become more critical than ever. The increasing complexity of global supply chains and the need for greater transparency and compliance have now made it essential for organizations to adopt advanced supplier risk management tools to mitigate threats. Watch this webinar to hear our sourcing experts address these challenges and discuss the latest supplier risk management tools. They explored the functionalities these tools offer to mitigate risk across the entire supplier management workflow, such as enhanced risk assessment, improved decision-making, and business continuity in an unpredictable market. What questions did the webinar answer? What are the current trends and challenges in supplier risk management? How can digital tools and technologies improve supplier risk assessment and mitigation? What specific functionalities do modern supplier risk management tools offer? How can automation and data analytics enhance the effectiveness of supplier risk management? What are the best-in-class features and functions to look for in a supplier risk management tool?

This report is available only to Outsourcing Excellence members. For information on membership, please contact us In today’s rapidly evolving business landscape, sourcing organizations are streamlining their processes and maximizing their efficiency. They recognize the potential of digital technologies to revolutionize traditional sourcing practices, so many have adopted e-sourcing tools as a foundational step toward digital transformation. As technology advances, next-generation tools such as autonomous sourcing tools are gaining prominence. These tools fuse automation and AI, leveraging cutting-edge technology to drive productivity and accuracy across the sourcing workflow. In this report, we explore the intricate landscape of autonomous sourcing tools, detailing their functionalities and capabilities. From initial supplier identification to contract negotiation and beyond, these tools are poised to revolutionize every stage of the sourcing process. Scope All industries and geographies Contents In this report, we: Explore the autonomous sourcing technology landscape Share insights on the current state of automation adoption in sourcing technologies Discuss the best-in-class features and functions to seek in an autonomous sourcing tool

Enterprises are increasingly focusing on transforming supplier management activities through digital adoption to improve efficiency and relationships. However, the supplier management technology landscape is complex. Technology providers have varying capabilities and focus areas within the supplier management space, making it difficult for enterprises to choose and implement. In this webinar, our analysts unpacked how enterprises can better understand the supplier relationship management (SRM) technology landscape and highlight the best-in-class functionalities and features. What questions did the webinar answer for the participants? What does the SRM technology landscape currently look like? What are the best-in-class functionalities and features that enterprises should look for when adopting an SRM tool? What does a high-level assessment of the functionality and solutioning elements of various technology providers offering SRM tools entail?

This Virtual Roundtable Discussion Summary is available only to Outsourcing Excellence members. For information on membership, please contact us Everest Group regularly organizes virtual sessions in which senior executives across enterprises share their experiences and opinions with colleagues in other organizations on hot industry topics or particularly challenging issues of the day.. In this virtual roundtable, Everest Group experts and participants deliberated on how to drive meaningful impact in their spend through digitalization and modern sourcing practices. The attendees discussed best practices to effectively measure the impact of sourcing strategies through technology and methods for aligning this impact with their organization’s broader objectives. IParticipants left the roundtable with actionable insights and strategies that can be immediately implemented to enhance their sourcing practices, leveraging cutting-edge technology and process optimization methodologies to drive impactful and sustainable results. In this virtual roundtable, participants discussed: Best practices and proven methodologies to effectively improve the impact of sourcing strategies Strategies across talent and process optimization for aligning sourcing practices with broader business objectives Cutting-edge technology trends that are reshaping sourcing strategies

This report is available only to Strategic Outsourcing & Vendor Management members. For information on membership or purchase, please contact us Everest Group publishes executive briefs for senior executives from enterprises. These briefs address hot industry topics and particularly challenging issues of the day in an easy to digest format. In this executive brief Everest Group analysts cover the implications of a shift to an Agile IT model. Impacted factors such as pricing models, metrics, and contract terms are discussed.