How to Build a Better Vendor Risk Assessment

As your company evolves and new suppliers enter the market, your risk management program must be more thorough in evaluating each scenario that may arise. Improving the quality of your evaluation methodology directly impacts the efficiency of your VRM program and the accuracy of the information you collect on your suppliers.

Key takeaways:

  • The Quality of the Program Matters
  • How To Align To Overall Business Needs
  • Veracity of Controls
  • Program Efficiency

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