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Navigating TPRM definitely comes with its own unique challenges… - It starts with the Herculean task of creating a third-party inventory, which then becomes outdated almost immediately. - Then, there's the flood of third-party artifacts that demand countless hours of manual review. - To add to the complexity, we're often blindsided by risk events months after they've occurred. - And lastly, the ever-evolving compliance requirements make it nearly impossible to maintain alignment. Let's simplify this process together. Check out Lema to see how we’re shifting TPRM from reactive to proactive. #TPRM #RiskManagement #ThirdPartyRiskManagement

Chain of custody methods are essential for tracking material movement along the value chain - from origin, distribution, location and application of products and materials.💡 The predominant options include controlled blending, physical segregation and mass balance. While they all fulfil the same purpose, their application depends on how non-conventional and conventional feedstock are handled in the manufacturing process. We, at ISCC, cover all three options under our ISCC PLUS certification scheme. Our chain of custody approaches provide you with a robust and credible solution to increase transparency and consumer trust. 🤝 Discover how you can leverage ISCC certified chain of custody options: https://lnkd.in/e6FxapzK #ISCCCertification #ISCCPLUS #chainofcustody 

Organizations using manual methods in their TPRM programs can miss risks and struggle with pre-contract due diligence. So, how do you build a strong program? Join leading expert Bob Wilkinson on October 2 as he answers the top questions he's received on TPRM! https://lnkd.in/eKvddkJg #TPRM #VendorRisk #RiskManagement

Organizations using manual methods in their TPRM programs can miss risks and struggle with pre-contract due diligence. So, how do you build a strong program? Join leading expert Bob Wilkinson on October 2 as he answers the top questions he's received on TPRM! https://lnkd.in/eKr94kpM #TPRM #VendorRisk #RiskManagement

From comprehensive supply chain solutions to custom brokerage services, GLC TLV handles it all with unmatched professionalism. Discover why companies worldwide trust us with their most critical operations. #GLCTLVGlobal #SupplyChainSolutions

Enjoyed collaborating with colleagues today on our upgraded approach to helping clients get ready for CSDDD compliance in the EU. Supply chain transparency and sustainability are increasingly important for managing risk and resilience and can help drive higher financial outcomes over the long run. Given the overlap and connection with CSRD, we're seeing a lot of interest from companies who have already started down their CSRD readiness journey. It can be shocking when you absorb the technical complexity of these regulations. This is slide 89 of a 140 page internal deck, and it shows just a subset of these various regulations and how they interact!

Managing third-party risks can be complex and inefficient, but leading TPRM teams are changing the game. Discover how they're unlocking value and aligning with business objectives to drive operational efficiency.

World Environment Day 🌍 We consider the environment an important aspect in producing our products, but also in doing business. That is why we are in the process of having our company FSC certified. Soon we will let you know more about this! 🌸 #Babiem #FSC #WorldEnvironmentDay

Talked to the TPRM lead 👨💻 of a $20b 💰 company recently. They are moving away from a questionnaire first approach 📝❌ and leading with a document request approach. 📄✅ #thirdpartyrisk #tprm

Mapping your supply chain for DORA may feel like charting the world from scratch. And it’s not just a tick box exercise for one-time compliance. It's a fundamental change to the way your organisation does TPRM. Why not take this opportunity to simplify your TPRM processes with prebuilt question sets and integrated reporting? Hear it straight from DORA expert, Silvia Senabre from the Banco de España, at our on demand webinar. From Risk to Resilience: Third-Party Supplier Strategies you need for DORA Compliance https://lnkd.in/e7VGajkr #webinar #DORA #Supplychain #thirdparty #resilience