🔍 Elevating Procurement’s Role in Risk Management and Sustainability 🌍 In today’s rapidly evolving business landscape, procurement is no longer just about cost savings—it's a strategic driver for risk management and sustainability. 🌱 At Iteanz Technologies, we believe that forward-thinking procurement practices are essential for mitigating risks and ensuring long-term sustainability. By leveraging advanced technologies like SAP Ariba and SAP S/4HANA, organizations can enhance their supplier management, ensure ethical sourcing, and drive environmental responsibility. Empowering procurement teams with the right tools not only strengthens compliance but also fosters innovation and builds resilient supply chains that are prepared for future challenges. 🛡️ Let’s work together to elevate procurement to a strategic powerhouse that drives both profitability and positive environmental impact. 🌟 #Procurement #RiskManagement #Sustainability #SAPAriba #IteanzTechnologies #SupplyChainInnovation
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🚀 Procurement's role in risk management is on the rise! The latest Economist Impact report, "Across the procurement-verse: Changing trends in the procurement function", sponsored by SAP, reveals a boost in confidence for procurement’s ability to meet risk-mitigation goals. Confidence in managing internal risks, particularly in stakeholder management and strategic alignment, has surged to 83%, up from 64% last year. This shift shows procurement is becoming more aligned with key stakeholders across organizations. Explore the full insights in this article by Gordon Donovan, Vice President of Research at SAP: https://lnkd.in/eHYcw88n 💬 What’s your opinion on procurement’s evolving role? Let us know in the comments! 👇 #procurement #riskmanagement #sustainability
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SAP Ariba Sales & Solutions Expert | Buyer-Led Selling Advocate | AI & LLM Innovator | Process Automation Leader
⚡️ 𝗥𝗶𝘀𝗸 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁 𝗶𝗻 𝟮𝟬𝟮𝟰: 𝗔𝗻𝘁𝗶𝗰𝗶𝗽𝗮𝘁𝗲, 𝗔𝗱𝗮𝗽𝘁, 𝗔𝗰𝗵𝗶𝗲𝘃𝗲 ⚡️ - As we fast-forward into 2024, it's clear that risk management 🛡️ is no longer just about mitigating threats; it’s about turning those potential risks into opportunities for growth 💡. - With SAP Ariba’s cutting-edge risk management tools, organizations are empowered to anticipate risks with predictive analytics 🔍, adapt to changes with agile response strategies 🔄, and achieve unparalleled growth 📈 despite uncertain times. From enhancing supplier reliability to safeguarding against disruptions, these tools are crucial for anyone looking to stay competitive in a rapidly evolving market landscape. - Let’s shift our perspective on risk management from reactive to proactive 💪. Together, we can redefine what it means to be resilient in the face of uncertainty 🌪️. #RiskManagement #FutureOfBusiness #SAPAriba #AdaptAndAchieve
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SAP Ariba Sales & Solutions Expert | Buyer-Led Selling Advocate | AI & LLM Innovator | Process Automation Leader
🔥 𝗡𝗮𝘃𝗶𝗴𝗮𝘁𝗶𝗻𝗴 𝗥𝗶𝘀𝗸 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁 𝗶𝗻 𝗮𝗻 𝗨𝗻𝗽𝗿𝗲𝗱𝗶𝗰𝘁𝗮𝗯𝗹𝗲 𝗪𝗼𝗿𝗹𝗱 🔥 - In today's fast-paced business environment, risk management is not just prudent; it's essential. The question is, are your current strategies equipped to handle the unexpected? - With SAP Ariba's comprehensive contract and risk management tools, organizations gain the visibility and control needed to minimize risks while maximizing resilience. - Investing in robust risk management systems means not just surviving but thriving in today’s unpredictable world. Let’s prioritize securing our operations' future by adopting forward-thinking strategies today. #RiskManagement #SAPAriba #BusinessResilience
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A well-run #SupplyChain presents opportunities to drive strategic results that align with your CEO’s revenue and cost targets. The key? 🔑 Being able to see all the roadblocks ahead. 🚧🔦 Learn how Resilinc can help provide visibility: https://okt.to/kIFeTH #CPO #CSCO #Procurement #SupplyChainManagement
Transform Your Supply Chain with Resilinc - The Ultimate Risk Management Software for Chief Procurement Officers
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Unlocking SAP Solutions for Risk Management & Data Warehousing: We’re thrilled to share insights from our recent event with MDSap, where SAP’s innovative solutions took center stage. Highlights from the Event: 📈 Enhanced Risk Visibility: Discover and address risk factors with greater clarity. 🚀 Boosted Data Precision: Improve the accuracy and reliability of your data. 🔒 Advanced Risk Strategies: Implement more effective and streamlined risk management practices. Explore more at www.mdsaptech.com Tony Achkar Yves Khoneisser Karim Alayli Ugur Naciterhan #SAP #DataWarehousing #RiskManagement #MDSap #EventRecap
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🛡️ Elevating Procurement Risk Management with SAP Ariba 🛡️ In the ever-evolving landscape of procurement, managing risks effectively is paramount. SAP Ariba stands at the forefront, offering robust solutions that empower businesses to navigate through the complexities of risk management with confidence and agility. Why SAP Ariba? Comprehensive Risk Assessment: SAP Ariba provides a 360-degree view of potential risks, from supplier financial health to geopolitical factors, ensuring you're always a step ahead. Real-Time Monitoring: Stay informed with continuous monitoring of risk indicators, enabling proactive measures before risks can impact your operations. Strategic Risk Mitigation: With SAP Ariba, it's not just about identifying risks; it's about strategically mitigating them through informed decision-making and adaptive strategies. Enhanced Supplier Collaboration: Build stronger, more resilient supplier relationships with collaborative tools that ensure transparency and compliance. Data-Driven Insights: Leverage the power of data analytics to gain deeper insights into your procurement processes, identifying and addressing vulnerabilities efficiently. SAP Ariba transforms risk management from a reactive task to a strategic advantage, equipping your procurement team with the tools needed to thrive in today's dynamic business environment. Embrace a future where procurement risks are not just managed but mastered. Discover how SAP Ariba can redefine risk management for your organization. Let's engage in a conversation about building a resilient procurement strategy. #RiskManagement #SAPAriba #ProcurementExcellence #StrategicProcurement
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A recent Deloitte study highlights the impact of market unpredictability on profitability for 𝟖𝟗% of trading firms, emphasizing the benefits of unified oversight in trading contracts, risk, logistics, inventory, and financial performance. Explore our latest blog to discover how commodity-driven firms can enhance profitability and mitigate risks to streamline operations and capitalize on market opportunities efficiently. 𝐑𝐞𝐚𝐝 𝐍𝐨𝐰: https://lnkd.in/gbbCFcRz #CommodityTrading #MarketVolatility #ImpactQA #ETRM #CTRM #RiskManagement #SAP
Optimizing Commodity Trading and Risk Management through SAP CTRM | ImpactQA
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I have just completed Essentials of SAP Governance, Risk, and Compliance (GRC) course on Alison!
Essentials of SAP Governance, Risk, and Compliance (GRC) | Alison
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Acumatica ERP Cloud Sales Executive @D&A Business Management Solutions | ERPCloud | Software | Manufacturing | Distribution | Construction
#Supplychain risks will always be there, the trick is to learn how to manage them. Integrate risk management, automation, and data-driven decision-making: https://lnkd.in/eYAHHSea via @sdcexec #Supplychain #ERP #CloudERP #Management #Software Acumatica D&A Business Management Solutions
Managing Procurement and Supply Chain Risks
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Remediating risk in your SAP systems can be as complicated (if not more) than your efforts to uncover it in the first place. Once risk has been detected, and the clock is ticking, how are you prioritizing remediation? Enter Risk Quantification - a guiding light that can help your cross-functional stakeholders understand the financial impact of control weaknesses and allocate resources, accordingly. In our latest article, we discuss how Risk Quantification can simultaneously benefit the office of the CFO, CISO, and business process owners - all, while giving your organization a true 'leg up' in ensuring an identified risk in your SAP systems can be resolved before it spirals out of control. Read Article: https://lnkd.in/gy9mkjcz #sap #riskmanagement #riskquantification #risk #zerozrisk
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