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