Organizations must cope with ever increasing risks throughout their operations. Within just the supply chain, the scope and reach of issues range from social responsibility and environmental compliance, quality and safety, security and terrorism, supply chain disruption, political and economic instability - which can leave an organization vulnerable in the absence of a robust supply chain program.
Protecting people, profits, and the planet
The prevalence of risk, left unmanaged, can cascade into significant legal and financial ramifications. Organizations must be diligent about protecting its people, its products and the planet, which in turn safeguards reputation and revenue. To help them, many organizations seek a trusted advisor.
When seeking an advisory services provider, some key things to look for are:
- Strong technical and business acumen
- Vast industry and regulatory agency experience
- Risk-based approaches to pinpointing critical areas
- Reach to address and secure global operations
Keep in mind that implementing and sustaining a risk management framework demands understanding, mapping and measuring risk.