Today’s market challenges demand a renewed focus on third-party and supply chain resiliency.
In many cases your organization’s critical materials, goods, and services come from smaller, more agile suppliers and vendors; the vast majority of which are privately held. Unfortunately, private companies around the world are under significant pressure from four critical issues: inflation, the rising cost of labor linked to a red-hot labor market, the rising cost of capital as interest rates skyrocket, and less access to funding.
To help our clients navigate these challenges, RapidRatings has a team of subject matter experts ready to provide your company with the necessary tools, resources, and guidance to confidently mitigate risk through our comprehensive suite of Professional Services. These services are designed to offer a deep understanding of risk, provide actionable insights, and offer practical recommendations to fortify supply chain and third-party risk portfolios and enhance resilience in the face of economic volatility.
In this video, our industry veteran and Managing Director of Supply Chain Solutions, Bob Burns, provides an overview of our onboarding services and supply chain workshops. These services are tailored to your supply chain risk management program and goals. They help you:
- Benchmark your program maturity against others in the industry.
- Strengthen the foundation of your risk management program.
- Establish risk mitigation playbooks and guidelines.
- Gain step-by-step guidance and action-oriented insights tailored to your organization’s needs.
- Demonstrate a risk management program that measures Financial Health when asked by regulators.
Whether you are looking to gain a comprehensive understanding of third-party and supply chain portfolio risks or to mature your risk program with lessons learned from a seasoned practitioner, RapidRatings is committed to supporting your business. We are here to provide the expertise and assistance you need to thrive in an increasingly complex economic landscape.
For more information about our Professional Services, visit our Professional Services & Supply Chain Analysis page.
