In the global supply chain landscape, threats to cyber-security are increasing exponentially. Fortune 500 companies have had sensitive information leaked because hackers have targeted their vendors and business partners, organizations that might not be as secure as their corporate buyers. Every supplier and business partner becomes an added risk.  Working with global companies big and small, one of the biggest opportunities that I’ve observed is managing multi-tier suppliers and mitigating risk. We can support all our suppliers through secured technology and the principle of “unconditional procurement”. What does “unconditional procurement” mean?

 

Contributors: Connxus
Categories: Whitepaper
SRC Type: Risk Management, Sourcing Management