Risky Business: Why Third Party Management Matters
Whether it is the mitigation of supply chain disruption or driving new levels of collaboration and innovation with your third parties, having a strong supplier and vendor management program in place is the difference between choosing a best-in-class provider and exposing your organization to dangerous business practices. In this session you will learn how to understand “true” risk, which goes beyond payment risk and includes the risks associated with natural disasters, geo-political issues and IT security.
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Whether it is the mitigation of supply chain disruption or driving new levels of collaboration and innovation with your third parties, having a strong supplier and vendor management program in place is the difference between choosing a best-in-class provider and exposing your organization to dangerous business practices. In this session you will learn how to understand “true” risk, which goes beyond payment risk and includes the risks associated with natural disasters, geo-political issues and IT security.