Addressing Sub-Tier & 3rd Party Risk

November 11, 2019
White Papers

Addressing Sub-tier and 3rd Party Risk

The complex web of relationships that govern national and international business are getting denser and more complicated than ever before, and that addeed complexity brings risk. At least 75% of businesses have experienced harm because of a 3rd party partner. The majority of supply chain disruptions occur from vendors beyond the first tier – from the vendors and suppliers you may not even know about. In this paper, Interos details the reasons that have increased 3rd party risk and provides strategic guidance on how to mitigate it.

Read this whitepaper to learn:

  • How hidden vendor connections pose unseen risk
  • Why knowing your tier-1 vendors isn’t enough
  • How to quickly and securely manage risk from 3rd parties

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Ensure Operational Resilience

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Build operational resiliency into your extended supply chain:

  • 889 compliance – ensure market access
  • Data sharing with 3rd parties and beyond – protect reputation
  • Concentration risk – ensure business continuity
  • Cyber breaches – assess potential exposure
  • Unethical labor – avoid reputational harm
  • On-boarding and monitoring suppliers – save time and money