The Supply Chain of an organisation has many components and includes a wide range of vendors and third parties that we conduct business with every day to deliver or consume services, exchange funds, and share information.
The supply chain is also one of a firm’s most vulnerable and highest-risk areas due to limited insights and the distance of being outside of the organisation.
Our team can help evaluate your firm’s supply chain risk and develop, implement, and manage an appropriate supply chain risk management programme for your firm.
Our services
Risk and Control Assessment Methodology
Supply chain risk is higher than ever and can impact multiple facets of an organisation.
Production materials procurement, data and information exchanges with counterparties, outsourced vendors, and service providers, are all part of the supply chain.
Our team can evaluate each of these third parties for the risk they pose to the company, and what controls should be implemented.
Policy and Procedure Development
Our team assists with the development of supply chain management policies and procedures.
Third Party Inventory and Risk Management
We help firms inventory their third parties and develop a third-party risk management program to identify each third party’s risk rating and its impact on the organisation.
We can also provide control assessments on specific third parties or partners that have been identified as high risk.
Third Party Due Diligence
Cyber and information security are key components of a due diligence exercise.
Whether the third party is a service provider, acquisition candidate, or key business relationship, we can assist and will look deep into the highest areas of risk and concern.
