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The topics of supplier risk and extended enterprise management have gained a lot of attention. Much is being written about this emerging space and the providers that offer solutions in it.

Spend Matters - Segmenting the Supply Chain Risk Management Market

"Even though D&B has SPM and scorecarding capability and even though Hiperos can offer risk enrichment data and alerting, the combination of both providers' core strengths may prove useful for companies that want the best possible solution in each functional risk area."

Hiperos has long been an advocate of combining the strengths of 3rd party data service providers like Dun and Bradstreet, Rapid Ratings, or LexisNexis and others, with the rich features of the Hiperos R.Portal to deliver the most comprehensive solution.  In this post, Jason Busch of Spend Matters, supports this position.  "There are strong use cases to support the deployment of more than one vendor even in the best-of-breed category to support all key areas of supply chain risk management."

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Gartner - Cool Vendors in Risk Management, Compliance, and Privacy, 2011

"Hiperos is cool because it provides a focused solution for the vexing problem of
managing third-party risks: a solution that enables coordination among the many different
business units in the enterprise and the vendors, and that can be rapidly implemented for a
relatively low cost."

Gartner clients can find the full report at www.gartner.com.

Supply Chain Risk/Husdal.com - Hiperos - the Integrated View of Supplier Risk

"I think these actions (Profile, Measure, Monitor, and Communicate) perfectly match their risk areas (Viability, Performance, Compliance, and Social Responsibility.) First you establish a financial profile of your supplier, you measure the performance, you monitor the compliance, and you communicate to the outside world and the stakeholder whether and how the operations are in accordance with corporate social responsibility.

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CFO World - What Risk? Part 2 to the guide of risk management

“Enterprise risk management is too inwards looking,” says Paul Moxley, head of coporate governance and risk management for the Association of Chartered Certified Accountants (ACCA.)  “It needs to work across your ecology rather than just the bounds of your organisation. That is a major thrust that we are going to see developing over the coming few years.”  This quote from a CFO World article on risk management perfectly summarizes the challenge for purchasing, procurement, and supply base management professionals across the world.

The article presents a methodology for assesing risk from the Institute of Risk Management and highlights "what’s immediately clear from this methodology is that significantly more risks are externally driven than they are driven from internal influences." 

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Sourcing Innovations - Stay Hip with Programs from Hiperos

Last year, I told you how you could Get Hip with Hiperos, an "Extended Enterprise Management" platform that allows you to manage your risk, performance, compliance, sustainability, and supplier information through a single portal that they dubbed R3. Knowing that you can't stay still in the quickly evolving supply chain space (and knowing that there were lots of point players with deeper solutions in each), they've been hard at work on R4 since that time. Last week, I had the chance to do a detailed review of R4, and am pleased to say that they did a great job and that a number of significant improvements in R4 greatly increase the value the solution offers.

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