Supplier risk management: time to take control
This publication features the findings from the PwC 2013 supplier risk management study in Australia, which provides a detailed look at how major Australian companies are addressing the key issues and risks arising in their supply chains, including from disasters. The findings demonstrate that organizations are keeping tabs on their suppliers and working to build mutually beneficial relationships. However, it identifies some concerning gaps in the way organizations managed suppliers and proposes a comprehensive governance framework. The report also highlights key industry trends relevant to both the private and public sector, and provides best practice insights to help support organization's management of suppliers.