The complex web of relationships that govern national and international business are getting denser and more complicated than ever before, and that added complexity brings risk — particularly when sub-tier relationships can be major liabilities. At least 75% of businesses have experienced harm because of a 3rd-party partner. The majority of supply chain disruptions occurs from vendors beyond the first tier — from the sub-tier vendors and suppliers you may not even know about. This creates huge challenges for procurement experts and others. In this paper, Interos details the reasons that have increased 3rd-party and sub-tier risk and provides strategic guidance on how to mitigate it.
Then, learn how the Interos platform can help you discover and mitigate sub-tier risk by visiting interos.ai.
