Supply chain concerns intersect with governance, risk, and compliance (GRC) – just ask anyone who uses SAP BusinessObjects Global Trade Services (GTS) to monitor imports and exports.
It would be easy in such an environment to look at GRC as amplified paperwork or a software function, but that would be a narrow view to take, says Norman Marks, an SAP vice president and GRC evangelist.
“I know I’m SAP, but [GRC isn’t] about technology,” Marks said during a recent podcast he conducted for our Insider Learning Network. “It’s about the business process and how you can do it better.”
For SAP SCM professionals, that means working with their counterparts in other operations and departments to discover whether they can cohesively manage the daily risks a company faces.
Have further questions? Why not join Marks in the Insider Learning Network’s Compliance forum this week to ask about your own challenges in creating a sound GRC strategy. Register today.
And for more on what GRC means to an organization, register to read “GRC Explained: A New Way of Looking at Risk,” an exclusive Q&A with Marks. Previously only available to Project Expert subscribers, this interview digs deep into the important steps every company must take to achieve a rock-solid GRC strategy.
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