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An integrated approach to supply chain risk management

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No industry went unscathed by the pandemic. “COVID put supply chains through the ultimate stress test, and many did not demonstrate resiliency,” said Yvette Connor, Enterprise Risk Management Practice Leader at Grant Thornton.

But what about other, post-pandemic stress tests that will inevitably arise, stretching supply chains to their limits? Will enterprises be any better prepared for those?

Many enterprises take a “swim lane” approach to risk management, where enterprise groups stay in their areas — executive management, business line management, compliance, procurement, internal audit and others.

This must be replaced with a coordinated, collaboration-driven knowledge pool, a shared understanding of risk and a common shared language.

We collaborated with the Internal Audit Foundation to outline how you can take an integrated approach to supply chain risk management across your organization. Download the paper today: Are we speaking the same language? An integrated approach to supply chain risk management

Contacts:

Yvette ConnorYvette Connor
Enterprise Risk Management Practice Leader
T +1 316 636 6525


Jonathan Eaton Jonathan Eaton
Principal and National Supply Chain Practice Leader
T +1 704 632 3523


Meredith Murphy Meredith Murphy
Risk Analytics Practice Leader
T +1 612 677 5103