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 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. 

Read this white paper to learn:

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

Then, learn how the Interos platform can help you discover and mitigate sub-tier risk by visiting interos.ai.

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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