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?

Enterprises prioritize developing strong supplier relationships to maintain business continuity, drive innovation, and capture value. The adoption of digital technologies can potentially improve the efficiency of supplier management activities. However, digital adoption varies significantly across activities within supplier lifecycle management. There is a growing interest among enterprises in leveraging technology for Supplier Relationship Management (SRM), which encompasses various activities such as supplier segmentation, supplier governance, supplier performance management, supplier collaboration, supplier-driven innovation, and supplier conflict management. Best-in-class SRM tools focus on enabling optimized workflows, comprehensive performance management, seamless collaboration and communication, and targeted relationship management by leveraging data. The market offers an increasing number of solutions, including best-of-breed tools and S2P and S2C suite providers, each with varying depth and breadth of functionality across SRM activities. These solutions provide different levels of customizability and configurability, influencing their capability and functionality. Enterprises typically face challenges in selecting, adopting, implementing, and utilizing such SRM solutions. In this report, we study SRM technology solutions and analyze technology provider capabilities and solution characteristics across SRM activities, along with sharing individual provide profiles. The report will be relevant for stakeholders interested in driving agile and resilient supplier relationships using digital tools to achieve diverse objectives. This includes new buyers / parent organizations exploring the digitalization of SRM activities, SRM technology providers, service providers, and industry influencers such as investors and industry bodies. Scope All industries and geographies This research leverages our interactions with 11+ leading SRM technology providers worldwide Contents In this report, we examine: Digital adoption trends across supplier lifecycle management activities Best-in-class capabilities across SRM activities SRM technology provider landscape and provider profiles Membership(s) Procurement and Supply Chain Sourcing and Vendor Management

This report is available only to Strategic Outsourcing & Vendor Management members. For information on membership or purchase, please contact us After the lockdown in India and the Philippines, most enterprises were able to overcome infrastructure challenges, and operations are up and running (for now). The focus now needs to shift to near-term contingency planning for potential large-scale medical absenteeism in India and/or the Philippines. This Executive Brief (a part of Everest Group’s COVID-19 preparedness series) outlines near-term considerations for sourcing & vendor management executives seeking to effectively respond to the Coronacrisis. Note: 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.

This report is available only to Strategic Outsourcing & Vendor Management members. For information on membership or purchase, please contact us The unprecedented COVID-19 pandemic has tested the business continuity plans of enterprises and service providers alike and presents a potential force majeure event. While many enterprises have started service continuity conversations with their outsourcing providers, there remains a lot of uncertainty and questions surrounding the enablement of remote working / work-from-home (WFH). This Executive Brief (a part of Everest Group’s COVID-19 Preparedness Series) outlines near-term considerations for sourcing & vendor management executives seeking to ensure service continuity with their outsourced providers. Note: 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.