Companies increasingly struggle with third-party risk in the post-COVID-19 environment. The pandemic has exacerbated existing challenges such as ongoing trade disputes, supply chain reconfigurations, and growing regulatory focus on the integrity, security and sustainability of supply chains worldwide. These challenges further expose a firm to regulatory and reputational risk from its supply chain partners.
Identifying, assessing, mitigating and monitoring third-party risk in modern supply chains is critical to preventing a costly disruption. Kroll, a division of Duff & Phelps, provides clients with a tailored, end-to-end vendor screening and due diligence solution specifically designed to mitigate exposure to regulatory and reputational risks stemming from partners across the entire supply chain network.
Our Approach
Kroll’s end-to-end vendor screening and due diligence solutions are tailored to your specific supply chain concerns. We offer a cost-effective, high-quality and programmatic approach to assessing potential third-party regulatory and reputational risks, which includes:
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Developing a unique risk-based approach to efficiently direct compliance resources
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Providing a comprehensive and scalable set of third-party due diligence options
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Leveraging technology to improve efficiency and speed of existing due diligence programs
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Advising clients on vendor screening and third-party due diligence best practices
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Addressing emerging compliance concerns, such as environmental, social and governance (ESG) and data privacy issues
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Leveraging our global presence to support global supply chains
