Developing a Third-Party Risk Management Strategy for 2018


Date :October 31, 2017
Presented By:
RapidRatings



57% of procurement executives find that managing risk is one of their top priorities. This is not surprising given disruptions within their supply chain or extended ecosystem can cause revenue loss or even damage brand reputation. Your third-party’s risks are your risks – have you planned a comprehensive strategy for mitigating risk in 2018?

Don’t let your risks spook you - join our webinar on Tuesday, October 31st to learn best practices for planning your risk management strategy. 

 

Key Takeaways:

  • Determine types of risks and key factors important to your organization
  • Build a segmented list of third parties to assess criticality
  • Create an organizational structure that supports risk management
  • Define metrics to understand what program success means

Dive deeper into risk by downloading The State of Risk, a whitepaper by RapidRatings on understanding threats to business continuity, supply chain challenges, and how Procurement can use Financial Health to build resilient supply chains.