Fourth-party risk lurks as a silent menace in the intricate web of supply-chain management. Concealed beyond the immediate reach to direct suppliers, it extends deep into the layers of the supply-chain ecosystem, reaching all [...]
Vendor compliance has moved well beyond checked boxes and printed contracts in filing cabinets. In today’s interconnected and complex landscape, organizations need to manage vendor relationships with an eye toward reducing unneeded spending and [...]
With heightened market disruptions posing ever-greater threats to supply chains, only 21% of supply chain risk managers report having a highly adaptable network with strong visibility. Are you one of the 21%? Do you [...]
As Third Party Administrators (TPAs), you really save the day. By helping organizations tailor their claims administrations to their specific needs and reduce the cost of overhead for insurance claims management, your role can [...]
Ransomware attacks have increased at an alarming rate, not just in volume but in complexity. Organizations of all sizes in all industries are being targeted. The average cost of a ransomware attack – not [...]
As the use of third-party suppliers grows, it is increasingly imperative to be diligent with vendor risk assessment practices. Vendors and other third-party suppliers are essential for keeping most organizations running smoothly. But these relationships [...]
ESG supply chain risks are changing how businesses operate. Prompted by customers, investors, and regulators, business managers need ways to identify and address environmental, social, and governance risks in their offerings, operations, and supply chains. [...]
As organizations become increasingly dependent on others for supplies, services, and expertise, more are asking what is third-party risk management – and how do we do it right? Outsourcing to third parties can save [...]
Geopolitical risk is the number-one global corporate risk. Political and civil tensions remain high across the world. The race between the U.S. and China for technological leadership is intensifying. Geopolitically motivated cyber events are increasing, [...]
In today’s digital and interconnected world, vendors and partners are more important than ever – and the vendor / third party risk management software used to manage those relationships is critical. The consequences of [...]
By Jim Wetekamp, CEO Riskonnect Manufacturers that shut down production last spring are struggling to ramp up as demand accelerates. The challenges are deep and pervasive. Suppliers are strapped for cash. There’s a shortage [...]
Organizations today are interconnected networks of third-party suppliers that include not just your direct vendors, but your vendors’ vendors and even their vendors’ vendors. If you aren’t careful, a problem with any of these [...]
