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 – watch this webinar 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.

Contributors: RapidRatings
Categories: Webinar
SRC Type: Procurement Operations