When it comes to supply chain risk management in the 21st century, it’s not just the FCPA, theft, fraud and money laundering that organisations should worry about. New risks such as ESG weaknesses, forced labour, cyber-attacks and political risks are rapidly emerging as causes of concern and are more likely to indirectly impact large multinationals through their overseas supply chains or business partners.

Businesses need to better understand emerging risks within their value chains and put in place appropriate risk management programmes to protect their supply chains and operations from disruptions.

We understand identifying and managing all potential new risks to a supply chain is both challenging and time consuming. However, new technological developments can help organisations manage complex third-party relationships, gain visibility over existing and emerging risks and improve supply chain resilience.