Supplier Development: Supply Chain Risk Assessment

What we do

Our Supply Chain Risk Assessment offering is a rigorous approach to identifying, analysing and evaluating potential risks and vulnerabilities within your supply chain. The outputs of this assessment will inform the strategy to proactively manage and mitigate risks in order to improve the continuity, efficiency and resilience of your supply chain.

Our Value to You

Our team members are specialists with real, relevant experience. They marry their expert knowledge of procurement best practices and their deep understanding of supply chains within their industries of expertise so they can:

Develop a map of your current state supply chain to provide you with transparency of current processes and see how you compare with your peers as well as industry best practice
Provide you with a supply chain risk report detailing your supply chain’s weaknesses, external dependencies, and single points of failure that are contributing to vulnerability and how they are currently being managed
Assess the contribution of your suppliers to your risk profile and identify vulnerabilities in your supplier network
Take a balanced approach to recommendations that addresses your supply chain risks in alignment with and with consideration for your overall business objectives and priorities

Reasons you should conduct a supply chain risk assessment

Evaluate the resilience of your current supply chain and how well it protects against disruptions to supply for your customers
Identify the external factors impacting your supply chain, such as natural disasters, geopolitical events, economic fluctuations, supplier disruptions, transportation issues and cybersecurity threats
Evaluate the financial and non-financial impacts of disruptions in your supply chain
Aid in the forward planning for business continuity, so your organisation is better equipped to maintain operations during unexpected events

Ready to Amplify your Procurement?

Get in touch to discuss how our expert procurement services can Amplify your procurement.