Mitigating Third-Party Risks in Procurement: Proven Strategies and Best Practices

Mitigating Third-Party Risks in Procurement: Proven Strategies and Best Practices

By GEP

Managing business risk is critical in the current environment of uncertainty and disruption. Analysing the right data, assessing vulnerability in the supply base, and deploying effective risk mitigation strategies are vital items in the procurement toolkit. Enterprise procurement teams must be able to harness digital capabilities, drive change, and create robust processes to recognise and respond to supply risk.

This webinar will look at techniques and lessons learned in designing effective risk management programs. While risk takes many forms, the regulatory pressure on financial services organisations serves as an important example that we’ll present as a case study. A panel of experts will provide additional examples and market-wide context for this pressing challenge.