Risk Management for Third Parties and Supply Chains

In a complex risk landscape with changing consumer behaviours, new regulations and a complicated geopolitical environment, it has never been trickier to manage third-party and supply chain risks. This book will show how to successfully protect any organization from these risks. Risk Management for Third Parties and Supply Chains is a practical guide for senior risk leaders to manage these threats and build an enterprise-wide approach to resilience. Looking at the emerge of the current supply chain crisis and the problems with ineffective third-party management, this book explains how to develop a better approach to risk management that builds resilience and helps ensure that it becomes the responsibility of the entire team. The book explains the governance structures, systems and controls needed to protect any organization, alongside real-world examples, "risk deep dives", a roadmap and toolkit for implementation. It offers guidance on engaging with senior stakeholders to gain support for risk management projects and tips on managing the trade-offs between resilience and costs. Risk Management for Third Parties and Supply Chains helps third-party and supply chain risk owners manage risk by adopting an efficient and effective outcomes-based approach that builds organizational resilience and delivers value to the company.