Supplier riskTake control, protect your organisation |
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Background
The current economic downturn continues to see the failure of significant and previously profitable suppliers to major organisations. These failures are having a dramatic knock-on effect on the organisations they supply. Your suppliers can influence your ability to meet objectives, maintain operating capacity and service customers. Failure to evaluate and respond to the risk of supplier failure could leave you exposed. Are you prepared?
Our team has developed an approach that brings together access to current and in-depth market intelligence and a thorough understanding of supplier and contract risk. Experts from our Supplier Risk team work to help you develop an insightful view quickly and efficiently. Using tried and trusted techniques to identify your supplier population, our experts build a risk model and profile considering and comparing the two key factors in supplier risk; importance to your business and likelihood of failure. In determining and quantifying these factors, our team will consider a range of indicators which our experience in both third party and contract risk and corporate finance has shown are key to fully understanding supplier risk.
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Supplier risk (PDF)
