Tipping the Scale: Reynolds' Supplier Risk Management Program Creates a Balance between Cost and Risk
The business environment is constantly changing due to increased regulation, globalization, outsourcing of non-core activities and redefined industry best practices. The result is the need for a comprehensive supplier risk management program. This session will provide an overview of Reynolds American's journey to develop a comprehensive supplier risk management strategy, create supplier risk management tools and enablers and design a future state roadmap for implementation. It will also highlight challenges faced and adjustments made during the process, as well as key lessons learned.
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The business environment is constantly changing due to increased regulation, globalization, outsourcing of non-core activities and redefined industry best practices. The result is the need for a comprehensive supplier risk management program. This session will provide an overview of Reynolds American's journey to develop a comprehensive supplier risk management strategy, create supplier risk management tools and enablers and design a future state roadmap for implementation. It will also highlight challenges faced and adjustments made during the process, as well as key lessons learned.