Building A Defensible Global Supply Chain Program: Managing Third-Party Risk in Times of Crisis
There’s no question that the pandemic has forced business owners and leaders to make tough decisions. As the world adapts to not just the physical change in the way we do business, but also the flow on impact of how this relates to business relationships.
In the context of third-party risk, given the complexity of the supply chain ecosystem, it’s not surprising that some businesses deprioritize their focus in this area. For some, the risk is worth taking, particularly as budgets are tight. But where is the defence should things go wrong?
Key topics covered in this panel discussion:
- The challenges organisations face in dealing with supply chains, and how to manage third party on-boarding and due diligence cost-effectively and efficiently.
- What are the vulnerabilities in our supply chains that can expose people, teams and organisations to unnecessary if not catastrophic reputational and regulatory risk?
- How do you strengthen your supply-chain compliance and smart management controls in this tough and volatile market conditions.
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Richard now blogs at www.richardbistrong.com about current front-line anti-bribery and compliance issues. Abstracts on Richard’s compliance practice can be found on his website.
Leas joined Complinet Group in 2004, a leading provider of compliance solutions for the financial services industry. He went on to found their operations in both the Middle East and Asia. Within 4 years of inception these operations contributed to over 15% of the group’s revenue.
Complinet was acquired by Thomson Reuters in 2010 to form the cornerstone of their Governance, Risk and Compliance business. Following the acquisition Leas served as Managing Director of Thomson Reuters’ GRC division in Asia Pacific where the business saw double digit growth year-on-year during his five-year tenure. During this period Leas spear headed the acquisition of a major e-learning provider and was key to the successful integration of the GRC businesses with the broader Financial and Risk division.
Martin established deep relationships with clients and industry thought leaders building a solid reputation for providing straightforward support and advice.
During Martin’s tenure, the ANZ business within the Risk division of Thomson Reuters achieved significant growth and established a leadership ranking by top analyst firms.
Prior to that, Martin has held senior leadership positions in a variety of technology start-ups with a primary focus in fintech including Complinet and Total Compliance.