Risk

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?

6 Best Practices for Successful Last Mile Delivery

Posted: 06/28/2019 - 06:07
The continued growth of e-commerce is fueling the parcel delivery market. Millions of parcels are delivered daily in the U.S. alone. E-commerce and delivery companies have optimized most of the supply chain to deal with the higher workload. For example, businesses have started to process orders in minutes instead of hours. However, many companies fail to optimize their last mile deliveries, which can result in unnecessary expenditure.   
 

Sourcing a New Contract-Centric Approach

Posted: 03/09/2019 - 04:16
In today’s fast-paced business environment, sourcing and procurement departments are often left in a difficult position; they are required to become quicker and more proficient when it comes to sourcing the essential direct and indirect materials their companies need to do business, but saddled with a source-to-settle process filled with risks and inefficiencies.   
 

Exploring the Capabilities of an Interconnected World with Kazu Gomi

Posted: 12/12/2018 - 10:18

In this episode of the Sourcing Industry Landscape, Dawn Tiura interviews Kazu Gomi. Kazu Gomi, CEO of NTT America, ranks as the 4th largest telecommunication company in the world. We learn the breadth and depth of NTT’s capabilities, from system integration, (they acquired Dell Services a few years ago) and are also one of the largest security companies in North America. 

Caller ID: A Simple Feature with Complex Effects

Posted: 10/13/2018 - 02:40
We’ve all been there: you pick up an incoming call to hear silence...or a request for personal information...or a recorded message...only to regret picking up the call. But you’ve also probably been on the other side: you’ve ignored a call from a number you don’t recognize only to find out it was the delivery driver looking to validate your address...the bank calling to let you know there has been suspicious activity on your card...or the doctor calling with updates from your last appointment.

Collective Knowledge is Power, with Deepak Bansal, Kristin Gallagher, and Linda Tuck Chapman

Posted: 09/20/2018 - 09:36
Dawn Tiura: Now, today with me is Deepak Bansal. He is nominated as a Sourcing Star, but if you just hear his title, and some of the things he did, you're gonna have no doubt that he is a star. Deepak is the head of IT Sourcing and Vendor Management for Envision Healthcare. Envision Healthcare, EVHC, is undergoing a divestiture of 20% of its business, and Deepak has led the effort in disentangling over 200 IT contracts between two entities while maintaining costs consistency. So Deepak, I wanna welcome you. Wow, 200 IT contracts. Can you tell us a little bit about that?

The Power of Collaboration

Posted: 05/12/2018 - 00:02

Members of RMA’s Third-Party Risk Management Round Table are experienced leader-practitioners, individually and collectively creating emerging best practices in third-party risk management. As the round table’s facilitator, subject matter expert, and member of the Steering Committee, it’s exciting and rewarding for me to be integral to this evolution.

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