Blog

Welcome to the Graphite Connect Blog. Check in for frequent articles that will help your team operate at the highest possible level.

Stakeholder Spotlight: From Resistant to Rockstar

Stakeholder Spotlight: From Resistant to Rockstar

Podcast

Want to turn skeptical stakeholders into your biggest fans? Join procurement powerhouse Natasha, innovator Conrad, and expert Zach as they share real stories and strategies for breaking down business barriers and building trust. Learn how to move from being procurement’s […]

Procurement Transformation: How to Drive Real Change

Procurement Transformation: How to Drive Real Change

Podcast

This episode of Proc-N-Roll dives into procurement transformation, exploring what it truly means and how to approach it. The hosts, Natasha, Zach, and Conrad, with their combined 70 years of experience, emphasize that transformation is a holistic endeavor encompassing people, […]

Procurement 2.0: How the Rules Have Changed and Why You Need to Adapt!

Procurement 2.0: How the Rules Have Changed and Why You Need to Adapt!

Podcast

Conrad from Graphite Connect, along with Natasha and Zach, discuss the evolution of procurement, highlighting its transition from an essential tactical function to a more strategic one, focusing on value, transparency, and integrity. They explore the challenges of having a […]

The Role of Incident Reporting in Risk Management for DORA Compliance

The Role of Incident Reporting in Risk Management for DORA Compliance

Blog

The financial industry is highly regulated due to its key role in maintaining economic stability, protecting consumers, and preventing systemic risks. While compliance has been non-negotiable already, the Digital Operational Resilience Act (DORA) has raised the bar, especially with its […]

Digital Operational Resilience Act: DORA Explained

Digital Operational Resilience Act: DORA Explained

Blog

Can your company handle a major IT disruption? Many businesses assume they’re ready until an unexpected outage or cyberattack proves otherwise. This is an outcome that the Digital Operational Resilience Act (DORA) is intended to prevent for businesses in the […]

What's a Good Contingency Planning Process Under DORA?

What's a Good Contingency Planning Process Under DORA?

Blog

What’s your plan when disaster strikes? Because it’s not a question of “if”— it’s “when.” If it happens at your company, it could get expensive; according to IBM, the number of organizations paying over $50,000 in regulatory fines after a […]

Doing Your Third-Party Risk Due Diligence Under DORA

Doing Your Third-Party Risk Due Diligence Under DORA

Blog

While third-party vendors can be a huge asset to your business or organization, they also bring serious risks. If a vendor drops the ball on security or compliance, you’re the one who takes the hit. That’s why the Digital Operational […]

How to Perform Third Party Vendor Risk Assessment Under DORA

How to Perform Third Party Vendor Risk Assessment Under DORA

Blog

Your third-party vendors are vital to your business, but they also bring risks. If one of them drops the ball, it’s not just their problem but yours. That’s why the Digital Operational Resilience Act (DORA) prioritizes vendor assessments. A well-executed […]

How to Measure Supplier Performance? By Tracking These 9 Supplier KPIs

How to Measure Supplier Performance? By Tracking These 9 Supplier KPIs

Blog

Imagine a critical shipment arriving two weeks late. Your production line grinds to a halt, and your customers are left waiting. You don’t have to wait long before some of them aren’t your customers anymore. All of this could have […]

What is Supplier Information Management (SIM)?

What is Supplier Information Management (SIM)?

Blog

Did you know that inefficient supplier information management can lead to supply chain delays, compliance failures, and missed opportunities for business growth? Without accurate data, you can run into problems that include risk inefficiencies, compliance issues, and delays that could […]

11 Supplier Performance Management Best Practices

11 Supplier Performance Management Best Practices

Blog

In any business that relies on external vendors, supplier performance management is key to maintaining smooth operations. When you don’t have a system to track how well your suppliers are meeting expectations, problems like cybersecurity flaws, quality issues, or increased […]

Key Benefits of Supplier Performance Management

Key Benefits of Supplier Performance Management

Blog

Supplier performance management isn’t just a strategic advantage for businesses today – it’s a necessity. When your vendors consistently meet expectations, you can maintain high standards, minimize risks, and improve operational efficiency – all of which position your company for […]

Supplier Performance Management (SPM): A Complete Guide

Supplier Performance Management (SPM): A Complete Guide

Blog

Supplier Performance Management (SPM) is more important than ever as organizations up-level their procurement function and build long-term relationships with strategic vendors and suppliers. With complex supply chains and digital operational resilience top of mind, SPM helps businesses ensure suppliers […]

RFP Process Best Practices: 10 Steps to Success

RFP Process Best Practices: 10 Steps to Success

Blog

The Request for Proposal (RFP) process is essential to selecting the right suppliers and ensuring a strong partnership that benefits both parties. Done right, an RFP selection process can help you compare suppliers, evaluate their strengths, and choose the one […]

How to Create and Use a Vendor Selection Matrix

How to Create and Use a Vendor Selection Matrix

Blog

Choosing the right vendors is a key factor in the success of any business project, but with so many options, how do you pick a winner? That’s where a vendor selection matrix can be indispensable. A vendor or supplier selection […]

Supplier Onboarding Risk Assessment: Understand and Minimize Risk

Supplier Onboarding Risk Assessment: Understand and Minimize Risk

Onboarding

Supplier onboarding can make or break the success of your business relationships. Every new supplier introduces potential risks – whether it’s financial instability, data security concerns, or compliance issues. Without a solid risk assessment in place, these threats can quickly […]

The Vendor Selection Process in Project Management Explained

The Vendor Selection Process in Project Management Explained

Procurement

Whether you’re launching a new product, upgrading your IT infrastructure, or managing a large construction project, choosing the right vendor can mean the difference between success and failure. Selecting the right vendor isn’t only about securing the best price or […]

New Vendor Onboarding Checklist: Everything You Need to Know

New Vendor Onboarding Checklist: Everything You Need to Know

Blog

is essential to consistently deliver quality products and services to your customers. Even if you’re not new to vendor onboarding, there are so many critical steps involved that it’s easy to skip an important requirement. A structured […]

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