Contracting Excellence Journal

Articles, news and insights from World Commerce & Contracting staffers and over 70,000 Members.

Subscribe and never miss out. There's always something going on here!

Supplier risk isn’t just a major issue for Fortune 500 businesses. Organizations of all sizes need to recognize the responsibility for managing all third-party relationships based on a heightened level of interest and concern in recent years. This is especially true in highly-regulated industries like finance, healthcare, and food services, which operate under constant, intense scrutiny and massive regulatory oversight. With fines that can be in the tens of millions, the potential for being audited and penalized due to non-compliance is compelling companies to re-evaluate how supplier information is collected and how contracts are managed.

THIRD PARTY RISK RISK PROTECTION

Read More

This article, which takes a post-pandemic look at third-party risk management, ties to a recently recorded webinar titled How to Quarantine Your Third-Party Risk.1 Our two organizations -- World Commerce and Contracting Association (WC&C) and Determine, a Corcentric Company2-- broadcasted the webinar on April 13, 2020.

procurement collaboration THIRD PARTY RISK PANDEMIC EFFECTS

Read More
    Download our
    Ten Pitfalls Report

    Download the Pitfalls Report

    See the February Edition of the Contracting Excellence Newsletter
    See the December Edition  of our Contracting  Excellence Newsletter

    Posts by Topic

    see all

    Recent Posts

    World Commerce & Contracting Membership Types & Pricing

    Take a look at the various membership types, or take a better look by becoming a FREE Trial Member

    Membership Types & Pricing