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The Rising Tide Of Third-Party Risk Management

Continuity of Supply a Growing Concern in Global Economy

In an increasingly globalized and interconnected world, supply chains have grown in complexity. It’s an accelerating trend that poses significant risks to organizations globally. In today’s volatile operating environment, supplier performance is harder to gauge, inflation harder to contain, and disruption across the world harder to predict. Challenges can emerge anywhere, from geopolitics to natural disasters, pandemics and the digital sphere. Beyond pure business continuity, corporates face growing reputational risks as the focus on environmental, social and governance (ESG) issues moves up corporate agendas.

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