Data Regulation in the World of Sourcing

EU data legislation sets obligations and offers opportunities for companies.
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European Union legislation has made significant progress in recent years in the areas of digital security and data management. EU directives and regulations provide opportunities for organizations aiming to ensure both information security and responsible data governance.

For companies, key areas of regulation include cybersecurity, data management, artificial intelligence, and data protection. 

Impact on Sourcing Teams

Sourcing functions process vast amounts of data – including data covered by EU data legislation. EU directives therefore impose requirements on sourcing organizations as well as companies more broadly. 

At the same time, companies can turn their data into a meaningful competitive advantage. Data legislation provides the framework for responsible operations and guides the development of business and the improvement of processes.   

Expert Services to Support Data Regulation

Did you know that the Citrus Group also has expertise in data regulation and information management?

Noventia’s sister company, Lawder, is a data economy regulation and information governance partner. Lawder’s expert services help organizations ensure the responsible and ethical use of data and compliance with applicable regulations—turning them into a strength for the business.

Lawder’s Expert Services for Companies

Lawder offers comprehensive solutions combining expertise in information governance and regulation. Petteri Salokangas, Sales Director for Lawder’s data protection services, explains:

“Data regulation expert services help organizations meet requirements and use data responsibly. The services protect reputation and support business development through clear and efficient processes.”

Lawder’s Data Economy Regulation Services

  • Data Protection Officer as a Service
  • myGDPR Service
  • AI Expert Services
  • Cybersecurity Services
  • Data Governance Services
  • Ethical Data Management Services
  • Digital Services Risk Management

Would You Like to Learn More?

The phased implementation of the European Union’s data strategy, published in 2020, is underway. Now is the right time to assess your organization’s data management status and needs!

Contact Noventia team for more information — and explore Lawder’s services as well.

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