{"id":334,"date":"2025-03-21T13:51:37","date_gmt":"2025-03-21T13:51:37","guid":{"rendered":"http:\/\/aws.zycus.com\/glossary\/?p=334"},"modified":"2025-03-21T13:51:37","modified_gmt":"2025-03-21T13:51:37","slug":"keep-friends-close-suppliers-closer-srm-moves-beyond-relationships-to-risk","status":"publish","type":"post","link":"https:\/\/www.zycus.com\/glossary\/keep-friends-close-suppliers-closer-srm-moves-beyond-relationships-to-risk","title":{"rendered":"Keep Friends Close Suppliers Closer Srm Moves Beyond Relationships To Risk"},"content":{"rendered":"<p>\u201cKeep Friends Close, Suppliers Closer: SRM Moves Beyond Relationships to Supplier Risk Management\u201d is a webinar conducted by Richard Waugh, VP, Corporate Development, Zycus and Gerard Smith, President, Global Risk Management Solutions (GRMS).<\/p>\n<p>Many Supply Management organizations have capitalized on trends such as outsourcing and globalization to optimize supply chain costs and drive profitability by sourcing from the best value suppliers across the globe. However, many are now also realizing that their increasingly global and complex supply chains have the potential to dramatically increase their exposure to risk \u2013 risk due to potential supply chain disruptions, regulatory compliance, data privacy, or even their very brand identity and reputation.<\/p>\n<p>This webinar will focus on the best practices that market-leading organizations are implementing now, as they move into the new SRM \u2013 Supplier Risk Management.<\/p>\n<p>The key learning areas of the webinar will focus on:<\/p>\n<p>Defining Supplier Risk for Procurement and Establishing a Risk Management Program<br \/>\nOn-Boarding Right the First Time \u2013 Preventative Risk Management<br \/>\nSegmenting and Prioritizing Suppliers \u2013 Screening for Risk<br \/>\nPerforming Supplier Risk Assessments \u2013 and Taking Action<br \/>\nMeasuring Value \u2013 What are the Key Metrics and ROI Drivers?<br \/>\nProactively Monitoring and Mitigating Potential Risks<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201cKeep Friends Close, Suppliers Closer: SRM Moves Beyond Relationships to Supplier Risk Management\u201d is a webinar conducted by Richard Waugh, VP, Corporate Development, Zycus and Gerard Smith, President, Global Risk Management Solutions (GRMS). Many Supply Management organizations have capitalized on trends such as outsourcing and globalization to optimize supply chain costs and drive profitability by [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[5],"tags":[],"class_list":["post-334","post","type-post","status-publish","format-standard","hentry","category-related-webinars"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.zycus.com\/glossary\/wp-json\/wp\/v2\/posts\/334","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.zycus.com\/glossary\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.zycus.com\/glossary\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.zycus.com\/glossary\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zycus.com\/glossary\/wp-json\/wp\/v2\/comments?post=334"}],"version-history":[{"count":2,"href":"https:\/\/www.zycus.com\/glossary\/wp-json\/wp\/v2\/posts\/334\/revisions"}],"predecessor-version":[{"id":1606,"href":"https:\/\/www.zycus.com\/glossary\/wp-json\/wp\/v2\/posts\/334\/revisions\/1606"}],"wp:attachment":[{"href":"https:\/\/www.zycus.com\/glossary\/wp-json\/wp\/v2\/media?parent=334"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.zycus.com\/glossary\/wp-json\/wp\/v2\/categories?post=334"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.zycus.com\/glossary\/wp-json\/wp\/v2\/tags?post=334"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}