Vendor Management Risk Assessment

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Evaluate your vendor management risk exposure across the enterprise. Leverage this checklist and answer the questions to get immediate visibility into vendor management risk.

Procurement professionals must consider multiple factors to protect their enterprise risks — from performance and quality problems, compliance issues, changing regulations to cybersecurity, environmental and geopolitical problems, and social responsibility. 

As supply chains become more complex, external risks like natural disasters and geopolitical risks can be difficult to prepare for, whereas risks like quality control issues or operational failures can be easier to predict. 

Leverage this checklist to assess supplier risks prepared based on key components of a “World-Class Supplier Risk Assessment Program.” With this checklist, Aavenir recommends that companies be diligent in document verification by validating all documents mentioned. Continuous monitoring of these supplier risks is also suggested to enable companies to maintain real-time, third-party verification of supplier information.

Download this Supplier Management Risk Assessment Checklist to learn:

This checklist will help you to evaluate risk exposure as per following key points

  • Baseline due dilligence
  • Financial stability
  • Insurance management
  • SLAs, Policies & Procedures
  • Regulatory compliance
  • Cyber security
  • Education and Trainings
  • Reports and document management
  • Contract Drafting and management
  • Reporting
  • Audit

Access your copy by completing the form on the right and clicking “Download Now.”


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