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…
Feb 24, 2022
Life cycle management (LCM) is a management method that incorporates a holistic approach to improve sustainability and value chain management for…
Elements Of Successful Contract Lifecycle Management
Feb 22, 2022
As any successful business knows, Contract life cycle management (CLM) and resource planning can be difficult without a good system in…
Procurement Contract Management Basics
Feb 17, 2022
In business, the role of procurement is often confused with the act of purchasing since the purpose of both is the securing of goods or services. Thou…
Developing a Contract Management Plan
Feb 15, 2022
Contract management plans are a designed to help businesses outline how a contract is going to be administered and executed. Implementing one at the b…
Why Contract Management Is So Important
Feb 10, 2022
The contracts and agreements between businesses and their extended enterprise often provides the platform for the structure of an entire business and…
Q4 2021 eAuction Savings Report
Feb 8, 2022
Every quarter, Scanmarket reports on statistics covering insights into the savings performed by e-auctions executed globally. Read on and download the…