Insight

Supplier risk management healthcheck

Resilient supply chains and operations depend on efforts to maintain revenue assurance, supply continuity, and regulatory compliance.

Dipan Karumsi

Dipan Karumsi

Principal, Advisory Procurement & Outsourcing Advisory, KPMG LLP (U.S.)

+1 614-249-2384

Chris McClory

Chris McClory

Managing Director, Procurement & Outsourcing Advisory, KPMG US

+1 949-885-5634

Robert Boll

Robert Boll

Director, Procurement & Outsourcing Advisory, KPMG LLP

+1 312 665 2606

Recent challenges resulting from a host of disruptions on the world stage have highlighted the urgent need for supplier risk management capabilities and tight supplier integration across key functions, ranging from category management and sourcing to contract management and day to day operations. 


Benefits of a supplier risk management health check

  
  


Continuity of supplies and services

  
  


Risk transparency and mitigation

  
  


Revenue maintenance in the face of economic pressures and supply constraints

  
  


Regulatory compliance


Read this article for: 

  • key questions to ask when reviewing functions across the supplier risk management lifecycle
  • activities for establishing resiliency, orchestrating recovery and operating in a new normal
  • insights on how to evolve supply risk management capabilities
  • three instances of KPMG delivering what matters to clients.

 

Supplier risk management healthcheck
Supplier risk management programs play a critical role in helping organizations maintain revenue assurance, supply continuity, and regulatory compliance.