Compliance Communications Blog: Training, Best Practices And Tips

Assessing Supplier Risk Management

Written by Compliance Wave | January 27, 2020 at 8:29 PM

1/27/20: An article by Kyre Senese posted on Spend Matters drills into the risk factors that challenge any business. Among them is the compliance of suppliers. The foundation of Senese’s article is a report by WBR Insights that centers on supplier risk management...

Senese’s article includes an 8-point checklist of factors to watch out for in assessing risk. Among those factors are financial stability, regulatory compliance and cyber security. The article provides a link to the full 19-page report (requires sign-in to download). The report is excellent, providing in-depth analysis and case studies of risk assessment and mitigation...