Supplier Risk Management: Mitigation Tactics and Recommendations to Prepare for the Next Disruption
Ultimate Supplier Management
English - October 15, 2021 13:00 - 48 minutes - 33.2 MB - ★★★★★ - 1 ratingManagement Business accounts payable procurement supplier management vendor management Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
2021 is the year of building resilience across the supply chain. But our Dec. 2020 survey, showed that 60% of respondents either have a limited or no supplier risk management program in place. This podcast is for everyone looking to expand or start a supplier risk management program.
Defining Supplier Risk Management: Ask 5 People, Get 10 Different Answers
The episode discusses Gartner’s definition and what apexanalytix views as the foundation of supplier risk management (hint: without it your company will be subject to payment fraud, fines, and costly errors).
A Practitioner Perspective: How Did COVID-19 Change the Risk Picture?
Joni Guerts, Director of Payments at JetBlue Airways, discusses which supplier risk factors have increased in priority, how supplier relationships were tested over the past year. Additionally, she will share a fraud story on how a hacker attempted to update a supplier bank account and steal millions.
Gartner Survey: Disruption Mitigation
The Gartner report features a survey of 500+ supply chain professionals and presents the tactics currently being used to mitigate disruption related to supplier risk management.
apexanalytix Survey: Bank Account Validation
For additional practitioner data, apexanalyt's recent survey shows how companies are currently validating bank account changes while most people are working from home (and don’t answer their office lines).
No Risk Management Program?
Danny and Joni answer "What would you do before investing $1 in software?".
Webinar slides: https://bit.ly/3iOyghn
Webinar video: https://www.apexanalytix.com/video-supplier-risk-management
Speakers: