Secure Your Business with Vendor Diversity Programs as a Supplier Risk Management

In the current, tricky economic environment, businesses have to focus on supplier risk management. One cannot count on a business to be always successful and in operation, and it is, therefore, best to be cautious and to create a diverse portfolio of suppliers at all times. While focusing on supplier risk management may seem like a way to be too cautious and conservative, it actually can have exactly the opposite effect. A common tactic that is far from conservative is focusing on vendor diversity programs. Even extremely large and successful...

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Avoid Finding a Difficult Compliance Management Solution by Focusing on Supplier Diversity

Many issues facing modern businesses require finding a difficult compliance management solution, and creating complicated solutions to regulatory problems. With the current climate of mistrust and lack of faith in big businesses, a compliance management solution seems to be required for nearly everything you do as more and more regulations are put in place, either by the government, by self-regulating boards and committees, by watchdog organizations,...

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