The globalization of supply chains extends supplier risk beyond borders, which makes the vetting, onboarding and managing of suppliers more time consuming and costly. However, the consequences of oversights can be severe, including supply disruption, expensive non-compliance fines or reputation damage from supplier practices.
This webinar provides examples of costly supplier events and strategies on how to avoid them. The discussion will include the introduction of new automation tools that can cost-effectively improve monitoring and reduce ongoing risk.
After participating in this webinar you’ll have:
- The costs of gaps in risk management
- New tools to automate supplier risk monitoring
- Stronger rational to invest in automation