"Do I have to do this?" A Practical Journey to Supplier Risk Management (SRM)
Implementing a Supplier Risk Management program is key to managing the increasing risks represented by third parties. It is a struggle for many companies to find the balance between managing supplier risks using rigorous requirements and allowing enough flexibility to run business operations. "Do I have to do this?" is a common question asked by internal stakeholders and suppliers.
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Implementing a Supplier Risk Management program is key to managing the increasing risks represented by third parties. It is a struggle for many companies to find the balance between managing supplier risks using rigorous requirements and allowing enough flexibility to run business operations. "Do I have to do this?" is a common question asked by internal stakeholders and suppliers.