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Recognizing and mitigating supply chain risks are vital to maintaining operational continuity. EXL shares how to design and implement a vendor risk management program designed specifically for your organization. https://gag.gl/ZguLFI

Recognizing and mitigating supply chain risks are vital to maintaining operational continuity. EXL shares how to design and implement a vendor risk management program designed specifically for your organization. https://bit.ly/4bYwoLZ

Recognizing and mitigating supply chain risks are vital to maintaining operational continuity. EXL shares how to design and implement a vendor risk management program designed specifically for your organization. https://gag.gl/ZguLFI

ICYMI: WNS Procurement, powered by The Smart Cube: Vendor Analysis — Risk, Category and Commodity Intelligence and AI Assistant solutions overview, competitors, user considerations, analyst summary: In this Spend Matters Vendor Analysis, we give an overview of WNS Procurement’s digital offering. The years 2020 and 2021 showed that a majority of businesses were unprepared to tackle significant disruptions and changes in their supply chains, and the business environment is still more volatile and uncertain than ever. Supply disruptions and market dynamics impacted many companies because they had limited visibility into their supply chains, no structured risk management programs and inadequate mechanisms to monitor markets. While these problems cost companies millions of dollars, on the positive side, they represent an opportunity for organizations to ramp up their capabilities to identify, monitor and mitigate third-party supplier risk to enhance #categorymanagement based on outside-in insights (market and commodities) to ensure business continuity and meet compliance and sustainability goals, which is exactly the value proposition of WNS Procurement’s solution. Following its acquisition of The Smart Cube and Optibuy in 2023, WNS has structured a procurement-focused offering under the ‘WNS Procurement’ label. It includes a digital offering (The Smart Cube) that covers market, category and commodity intelligence and real-time, supply chain risk monitoring, as well as a new AI co-pilot. Here’s why WNS Procurement matters: To the market — The solution is a one-stop-shop backed by research to provide supplier-/supply-related intelligence on top of essential features and functions that can be augmented via a custom/bespoke service offering. To potential buyers — Customers benefit from a turnkey solution to monitor suppliers, categories and commodities with access to on-demand and forward-looking research to keep a constant eye on their most strategic suppliers, categories and commodities. This Vendor Analysis gives an overview of the vendor’s capabilities, looks at its competitors, provides user considerations and closes with key analyst takeaways. The post WNS Procurement, powered by The Smart Cube: Vendor Analysis — Risk, Category and Commodity Intelligence and AI Assistant solutions overview, competitors, user considerations, analyst summary appeared first on Spend Matters.

🚨 #Supplychain disruptions cost companies millions, but they also create opportunities. The past few years have shown us how vulnerable supply chains can be. Limited visibility, weak risk management, and inadequate market monitoring have left businesses unprepared for disruptions. These challenges are expensive but solvable, and that’s where WNS Procurement steps in. With its 2023 acquisitions of The Smart Cube and OptiBuy - a WNS company, WNS launched a robust #procurement-focused offering. Under the “WNS Procurement” label, the solution integrates market and commodity intelligence, supply chain risk monitoring, and even an #AI co-pilot. It’s a one-stop shop for businesses looking to boost resilience and enhance #CategoryManagement while achieving compliance and sustainability goals. Here’s why it matters:  ✅ For the market: WNS delivers intelligence-powered solutions backed by deep research, customizable for unique business needs.  ✅ For buyers: Customers get turnkey tools to monitor suppliers, categories, and commodities, paired with actionable insights to future-proof operations. Our latest Spend Matters Vendor Analysis dives into WNS Procurement’s capabilities, competitor landscape, and analyst takeaways. See below for more. https://lnkd.in/dsvghTNB

Recognizing and mitigating supply chain risks are vital to maintaining operational continuity. EXL shares how to design and implement a vendor risk management program designed specifically for your organization. https://gag.gl/ZguLFI

Recognizing and mitigating supply chain risks are vital to maintaining operational continuity. EXL shares how to design and implement a vendor risk management program designed specifically for your organization. https://gag.gl/ZguLFI

EXL’s Deepti Kharbanda and Rajeev Ranjan explain the imperative reasons businesses must implement new risk mitigation strategies in vendor management. Learn more about how EXL can help your business stay in the clear. #RiskManagement #DriveYourBusinessForward

While most supply chain’s are made up of similar components each company will have it’s own quirks and challenges. So while everyone is offering a “unified and intelligent” solution I would suggest it’s better to take advice on how to obtain an intelligently unique supply chain. Unified in a way that democratises data and makes it accessible for the people who need it, is dynamic in areas that work for your end to end process, and utilises industry leading AI (or not!) in a way that drives maximum success from handling suppliers to logistics planning.

EXL’s Deepti Kharbanda and Rajeev Ranjan outline the imperative reasons businesses must adopt new risk mitigation strategies in vendor management. Learn more about how to get started on this journey: https://gag.gl/ue4UbK