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Risk Management for Third Parties and Supply Chains
An Enterprise-wide Approach to Resilience
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About the book
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.
About the authors
James Crask is Managing Director of Strategic Risk Consulting for Marsh. He chairs the International Standards Committee responsible for all global Business Continuity and Organisational Resilience ISO Standards and is the author of Business Continuity Management published by Kogan Page. He lives in London, UK.
Catherine Cyphus is the Global Risk Advisory Lead at Sentrisk where she helps clients understand and mitigate their third-party and supply chain risks. She is a member of the Expert Advisory Panel for the UK's Government's Future of Global Supply Chains Project and a founding member of the UNDRR's Corporate Chief Resilience Officer initiative. She lives in London, UK.
Table of contents
- Section - ONE: The supply chain risk crisis: How did we get here?
- Chapter - 01: The business drivers for third party risk management
- Chapter - 02: Beyond procurement – the role of the wider business
- Chapter - 03: Balancing efficiency and resilience
- Chapter - 04: Universal vulnerabilities
- Chapter - 05: Real-world examples in good (and bad) supply chain risk management
- Chapter - 06: An enterprise-wide approach to managing third-party risk
- Chapter - 07: Strategies for supply chain resilience
- Section - TWO: Implementation
- Chapter - 08: Implementation Part 1 – governance and reporting
- Chapter - 09: Implementation Part 2 – managing supply chain risks
- Chapter - 10: Implementation Part 3 – differences between industries
- Chapter - 11: The future supply chain resilience programme
- Chapter - 12: Conclusion
- Chapter - 13: Templates and guidance materials
- Chapter - 14: Supply Chain Risk Maturity Model
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