Best Practices to Mitigate Vendor Risk Within Your Supply Chain
PLUS A CHECKLIST TO HELP YOU EVALUATE YOUR VRM PROGRAM
Proper vendor risk management (VRM) involves identifying, analyzing, monitoring, and mitigating risks posed by third-party vendors within an organization’s supply chain.
And with supply chain attacks at 27 third-party vendors impacting 137 U.S. organizations and seven million individuals in the first quarter of 2021 alone- it’s never been more critical for businesses to get it right.
In this eBook, we share best practices that will empower organizations to embed robust VRM into their organizations so they can avoid the risk of non-compliance penalties, disruption of business, reputation damage, and loss of revenue.
- Key supply chain risk considerations
- The core principles of supply chain risk mitigation
- A checklist to evaluate your VRM program
- Best practices for supply chain risk management