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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 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. She lives in London, UK.
Table of 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?
 
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