Our Blog
Explore our latest articles on third-party governance, risk management, and compliance. Gain valuable insights, expert perspectives, and actionable advice to help you navigate complex industry challenges and optimize your third-party relationships.
The ESG topic (Environment, Social, Governance) is no longer just a “nice to have” for Procurement departments. It has become a strategic performance and management criterion. According to a recent study, 92% of large buying organizations now require ESG data from their suppliers. These data influence purchasing decisions, business relationships, and increasingly, corporate reputation. Beyond […]
The Class C Supplier Paradox In most organizations, the management of Class C suppliers is built on a well-known paradox: they represent only about 20% of total procurement spend, but consume nearly 80% of the procurement team’s time. These suppliers, often non-strategic and outside of core production, generate a high volume of invoices, administrative tasks, […]
Why evaluate temp agencies and temporary workers? Temporary staffing agencies play a key role in your value chain: they provide personnel who are directly involved in your processes—sometimes in sensitive or regulated tasks. By fully integrating them into your TPRM/TPGRC framework, you strengthen operational reliability and reduce long-term risks associated with external collaborators. Temp agencies […]
In today’s economy, dependence on third parties—suppliers, service providers, partners—is both a source of value and risk. Evaluating and managing these risks is no longer optional; it’s essential for security, compliance, and business continuity. Yet one major internal barrier continues to slow down these critical processes: organizational silos. The Trap of Internal Silos Third-Party Risk […]
Reducing repetitive administrative tasks is one of the top priorities for Procurement Departments—so teams can focus on strategy, performance, and supplier relationships. The current landscape only adds pressure. Procurement professionals juggle multiple demands alongside increasing risks: climate, geopolitical, social—not to mention the classic ones: financial, environmental, cybersecurity, and human rights-related. SRM tools offer a first […]
Global deforestation is one of the leading drivers of climate change and biodiversity loss. According to the FAO, nearly 10 million hectares of forest disappear every year, mainly due to agricultural expansion. As the world’s second-largest importer of embedded deforestation, the European Union has decided to act. It is in this context that Regulation (EU) […]
In response to increasing regulatory demands (CSRD, CSDDD) and growing stakeholder pressure, organizations understand they must integrate ESG into their supplier management processes. Yet with evolving standards, a lack of appropriate tools, and competing priorities, getting started can quickly feel overwhelming. A Supplier ESG Project… That Often Gets Stuck Many procurement departments and ESG managers […]
2026: A Turning Point in Third-Party Evaluation Third-party management is undergoing a major transformation. Until now, companies have focused their evaluations on the most immediate risks: supplier financial stability, ethical compliance, and fraud prevention related to banking information. These areas remain critical. But by 2026, TPRM (Third Party Risk Management and Compliance) will broaden its scope to […]
As supply chains grow more complex and geographically dispersed, companies can no longer afford to assess only their direct suppliers. Major risks—whether related to cybersecurity, corruption, or production continuity—can emerge much deeper in the chain. A single raw material supplier at tier 8 can jeopardize an entire production line. This is why expanding risk assessments […]
