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Full Description
In a complex risk landscape with changing consumer behaviours, new regulations and a complicated geopolitical environment, it has never been trickier to manage third-party and supply chain risks. This book will show how to successfully protect any organization from these risks.
Risk Management for Third Parties and Supply Chains is a practical guide for senior risk leaders to manage these threats and build an enterprise-wide approach to resilience. Looking at the emerge of the current supply chain crisis and the problems with ineffective third-party management, this book explains how to develop a better approach to risk management that builds resilience and helps ensure that it becomes the responsibility of the entire team.
The book explains the governance structures, systems and controls needed to protect any organization, alongside real-world examples, "risk deep dives", a roadmap and toolkit for implementation. It offers guidance on engaging with senior stakeholders to gain support for risk management projects and tips on managing the trade-offs between resilience and costs. Risk Management for Third Parties and Supply Chains helps third-party and supply chain risk owners manage risk by adopting an efficient and effective outcomes-based approach that builds organizational resilience and delivers value to the company.
Contents
Section - ONE: The supply chain risk crisis: How did we get here?
Chapter - 01: Globalisation and the pressure from competition
Chapter - 02: The business drivers for good risk management
Chapter - 03: Beyond procurement: The role of the wider business
Chapter - 04: Changes in the risk landscape: Why now is the time to act
Chapter - 05: The evolution of the regulatory landscape
Chapter - 06: Consumer demands and just-in-time methodologies
Chapter - 07: Dealing with third parties: Outsourcing to offshoring to nearshoring to onshoring
Section - TWO: The problem with ineffective risk management: What is driving a new approach to third-party risk management?
Chapter - 08: The symptoms of sick supply chains: why a new approach is needed for managing third parties
Chapter - 09: Building a consistent and coordinated approach to regulation
Chapter - 10: Business lessons from recent failures
Chapter - 11: Consumer buying trends and the risk of reputation loss
Chapter - 12: Competitors and the risks of system failure
Section - THREE: Future-fit risk management: What do risk owners need to focus on?
Chapter - 13: What does a good supply chain risk management framework look like?
Chapter - 14: Embedding risk management within the business: Roles and responsibilities
Chapter - 15: Balancing efficiency and resilience
Chapter - 16: Capital allocation
Chapter - 17: Supply chain and third-party risk from different perspectives
Chapter - 18: Bringing together an enterprise-wide approach to building resilience
Chapter - 19: Different approach across different industries
Chapter - 20: Emerging risks: Scenarios every business should be planning for
Chapter - 21: How do we expect the risk landscape to evolve?
