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Third-party risk management
Supply chain

Third-party risk management

Mitigate risk in the age of increasingly complex supply chains and regulations

The relationship between companies and suppliers is changing, as regulations increase and performance expectations are more greatly impacted and scrutinized.

Suppliers are a key component in a business value chain. Their risk can impact a company’s performance across various domains. As organizations face mounting pressure to navigate economic and geopolitical uncertainty, there are greater demands from the marketplace to meet operational and growth objectives, and achieve environmental, social, and governance (ESG) targets, all while facing an expanding landscape of rules and regulations set forth by authorities.

Third-party risk management (TPRM) breaks through these numerous constraints and challenges by increased collaboration with suppliers to forge partnerships that promote visibility and shared value creation. TPRM requires involvement from key stakeholders across organizations such as finance, legal, and compliance to deliver on these goals.

This white paper covers the importance of TPRM and what is required to properly address organizational risk:

• The greater necessity for risk management
• Leveraging procurement to enable risk management
• TPRM as a value creator
• Capgemini’s TPRM capabilities

Meet our Experts

Adrian Penka

Vice President – Supply Chain Advisory
An experienced management consultant with over 28 years of experience specializing in supply chain strategy and transformation, with a strong background across the advisory discipline including business models, mergers and acquisitions, and connected products. Adrian contributes to many of Capgemini Invent’s publications on the subject and has experience delivering business success for many of Capgemini’s clients.

Philippe Bruneteau

Director – Supply Chain Advisory
Over 20 years of combined management consulting and industry experience helping executives with strategy definition and execution. Expertise in supply chain advisory and strong background in business strategy, risk management, and operations – from strategy development to subsequent identification and implementation of supporting strategic initiatives.