Global

Innovations in Third Party Management: Fannie Mae

Posted: 08/16/2019 - 03:33

Can you outline why your team embarked on this project and the problem that needed to be solved?

Fannie Mae has traditionally engaged a broad range of third-party suppliers across different channels for advice, expertise, production support, development, governance and other services. The demand for professional services has ranged from single freelance experts to hundreds of resources for development to firms with methodologies and benches to deliver significant changes to our accounting and governance systems.    
 

The Rise of the Ethical Consumer and Why Businesses Need to Follow

Posted: 08/12/2019 - 23:44
The human population is rapidly increasing. According to the UN, it may reach 9.7 billion by 2050, which is expected to increase food demand between 59 to 98%. As a result, agricultural markets will be impacted in ways we haven’t seen before. Farmers will have to increase agricultural land or enhance productivity, which still may not be quick enough to meet the forecasted demand for food. Climate change-driven water shortages, increasing global temperatures and extreme weather changes will also have a major effect on food production.

How Millennials are Changing the Procurement Landscape

Posted: 08/08/2019 - 23:34
How Millennials are Changing the Procurement Landscape
According to U.S. Census Bureau population estimates, millennials will become the nation’s largest living adult generation this year. Pew Research Center has estimated that millennials are now the largest generation in the U.S. labor force, surpassing both Gen Xers and Baby Boomers. In 2017, millennials constituted 35% of the U.S. labor force, while Gen Xers accounted for 33% and Baby Boomers represented 25%. 
 

Innovations in Sourcing: Microsoft & CDP (formerly Carbon Disclosure Project)

Posted: 08/06/2019 - 04:24

Can you outline why your team embarked on this project and the problem that needed to be solved?

Aligning with Microsoft’s overall mission to “Empower every person and organization on the planet to achieve more,” and the company’s long-term commitment to carbon neutrality, (since 2012), Microsoft’s Responsible Sourcing team recognized a gap in its own, and hence Purchasers as a whole, ability to accurately measure the CO2 footprint of a global supply chain.  
 

Innovations in Third Party Management: Bank of Canada & Ontala

Posted: 08/05/2019 - 06:29
Innovations in Third Party Management: Bank of Canada & Ontala

Can you outline why your team embarked on this project and the problem that needed to be solved?

Aligned with the Bank’s vision for being a leading Central Bank, the Bank had an objective to design and implement the Next Generation of its Third Party Risk Management Program informed by best practices and adapted to meet the needs of a central bank.
 

How were things done originally and what was the inspiration to innovate the process?

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