Global businesses constantly expose companies to supply chain vulnerabilities stemming from multiple supplier relationships to managing third-party risk, from monitoring and assessing compliance with ESG requirements to a lack of transparency throughout the network.
From supplier onboarding to qualification, from evaluations to sourcing, include risk as a central point over the supplier relationship to prevent contractual, cost and reputational risks. By prioritizing strong partnerships, monitoring supplier performance, and leveraging automation, companies can effectively adopt supplier risk management strategies to safeguard their continued success.
Supply Chain Movement and Synertrade have developed a comprehensive ten-point checklist to assess the maturity of your supplier risk management.
Fill in the form below to learn how to:
- Assess the maturity of your supplier risk management
- Embrace risk awareness culture
- Identify risks and mitigate them effectively