The Three Components Of An Effective Third Party Oversight Program

Written by Laurence Blanchette

The rise in the use of global sourcing and global business services has been dramatic, exponentially increasing the potential benefits both for the businesses using those services and for the nations seeking to provide services. But these potential benefits come hand in hand with increasing exposure to risk for participating businesses and a wildly escalating array of risk factors that must constantly be monitored. But rather than thinking of an oversight program as a necessary evil, consider the opportunities that will open up to your business once you’ve addressed supplier risk.

Join Neo Group Senior Vice President and Risk Expert, Christine Ferrusi Ross, on Thursday, January 29th at 1PM EST, for a webinar on the components of an effective program to manage third party oversight and ensure that your global sourcing efforts deliver the business benefits you need.

You will learn:

– How to define risks that could cause your supplier to become a threat to your global business services

– Ways to monitor your suppliers and their geographic locations to ensure you have current and accurate risk assessments

– Steps to building an actionable program to address risks as they occur

– Why avoiding risks is only the first step and how to take advantage of new business opportunities based on an effective third party oversight program

Access the webinar recording here.

Download the webinar presentation deck here.

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