FCPA Compliance Report-Episode 286-Use of Technology in Supply Chain Risk Management

Thomas Fox - Compliance Evangelist
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Software platforms can provide a lot of efficiencies such as a reduction of time, resources and a more manageable audit trail. Still, software cannot do everything. Subject matter expertise is still essential to building a quality supplier risk management programme.

Combining the right platform with bench strength will lead to better risk analysis and supplier See more +

Software platforms can provide a lot of efficiencies such as a reduction of time, resources and a more manageable audit trail. Still, software cannot do everything. Subject matter expertise is still essential to building a quality supplier risk management programme.

Combining the right platform with bench strength will lead to better risk analysis and supplier communications.

In this podcast, I visit with Jared Connors, Mrg. of Supply Chain Solutions for the Red Flag Group on the benefits of using a software technology platform combined with bench strength to help build a more effective risk management programme. We discuss:

-The benefits of a quality technology platform approach

-Automating processes and increasing the audit trail efficiency

-The value of subject matter expertise and risk analysis See less -

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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