Strategic Sourcing Risk Assessment

Developing relevant Risk Management begins with understanding the risks facing the organization, the uncertainty it places on business performance and the organization's ability to cope should the risks occur.

Sourcing Strategy to provide support on Make-or-Buy decisions, manage sourcing programs and analyze the feasibility and implementation of e-Sourcing solutions.

Surveyanalytics helps identify and prioritize the risks that affect the strategic well-being of your organization, so you can focus on the areas that are most critical to your ultimate success. Surveyanalytics can help you find the right balance between risk and control by directly linking your process risk back to your strategic objectives. Unlike a tradition risk assessment that creates a register of all risks facing the organization, Surveyanalytics identifies, quantifies and prioritizes the key risks so that your management team can focus on those areas most critical to your success. We use this analysis to define your risk profile. This profile provides you with a snapshot of the key risks facing your organization.

Strategic Sourcing Assessment

Survey Analytics's Strategic sourcing is a process that helps companies take a fresh look at how they purchase products and services to lower costs, improve profits and improve supply chain management. While most organizations implement strategic sourcing initiatives for the purpose of saving money, other reasons include improving acquisition process, supplier performance and minimizing risk.

Surveyanalytics's Strategic sourcing recognizes that people, including innovative suppliers, are a valuable part of an organization and focuses on reducing waste or non-value-added costs. Companies gain a significant competitive advantage by strengthening their procurement practices and policies. Surveyanalytics apply analytical tools and a fact-based approach to negotiate contracts with suppliers, defines key performance indicators, and puts a process in place to monitor and measure suppliers. performance.

Vendor Assessment facilitates the annual data refresh by allowing vendors to review and update their information. Although the module can be used as a stand-alone tool, it integrates seamlessly with other CMS modules. Vendor ratings and other information are automatically incorporated in other elements of business continuity planning.

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