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Aravo Hosting Webinar Featuring Independent Research Firm on Building a Successful Supplier Risk Framework

Aravo and Featured Independent Research Analyst to Discuss How to Stop Talking about Supplier Risk and Get Started Building the Necessary Tools

SAN FRANCISCO, CA, March 15, 2012Aravo Solutions, Inc., the leading provider of cloud-based Supplier Lifecycle Management (SLM) and B2B information and collaboration solutions, will deliver a timely webinar featuring Forrester Research, Inc. for sourcing, procurement and supply chain executives on taking the first steps to manage supply chain risk. Recent global events have highlighted vulnerabilities in complex global supply chains, and this webinar will help companies learn how to put their risk management objectives into action.

In today’s business environment, supply chain risk can come from any direction. From a key supplier financial failure to supplier product quality, to disruptions due to natural disasters, infrastructure failures or geo-political factors, the list is endless. As a result, savvy procurement executives are investing in Supplier Risk and Performance Management (SRPM) software, making it one of the fastest growing subcategories in the ePurchasing space. But having the right tools is not enough. Companies must build a successful risk management framework that can meet the diverse needs of procurement, supply chain and compliance departments across the enterprise.

Don’t wait until you’ve had a disaster to create the business case for action. “With a powerful SRPM tool, stakeholders across the business can have a single source of truth for supplier information, monitor supplier risk in real time, respond swiftly to compliance audits, and get a complete view into supplier performance and its financial implications for the organization,” wrote Duncan Jones, Vice President, Principal Analyst at Forrester Research, Inc., in a recent report: “Supplier Risk And Performance Management Software: The Criteria To Look For In A System”., August 1, 2011.

Join Aravo Solutions and featured guest speaker Duncan Jones, to learn how to build a successful risk management framework. Participate to hear how to:

  • Create a roadmap to a complete solution
  • Identify the right level of program granularity
  • Choose initial program targets wisely
  • Define processes to investigate and fix problems
  • Tie actions to SRPM triggers

“Our customers repeatedly tell us they are looking for guidance around best practices in building a successful risk management framework,” said Robert Shecterle, VP-Marketing at Aravo Solutions, Inc. “This webinar will leverage the analyst’s research to help companies understand how to go about putting their risk management objectives into practice.”

Join Aravo on Wednesday, March 28th, from 8-9am Pacific Time for this exciting webinar. Click on this link to register today: Building a Successful Supplier Risk management Framework.

About Aravo

The world’s best-run businesses utilize Aravo’s Cloud-based Supplier Lifecycle Management solutions and Supplier Risk Services to find and manage trading partner relationships, reduce supply chain risk, ensure global regulatory compliance and lower the cost of managing suppliers by up to 72%. Aravo launched the market’s first SIM/SLM solution in 2004 and has been the leading innovator in the space ever since. Customers such as General Electric, Accenture, and Boston University rely on Aravo to manage information and processes for over 2 million global suppliers. Aravo is based in San Francisco, with offices in Chicago, Dallas, New York, Portland, Monterrey, Mexico and Ahmedabad, India, and is backed by over $50 million in investment from Cisco Systems, Big Sky Partners, and others. For more information regarding Aravo’s award-winning solutions please visit our website at http://www.aravo.com/.

Public Relations Contact
Allen Thompson,
Vice President, Sales and Marketing
pr@aravo.com
415.835.7615