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Emerging Areas in Third Party Management Practices

Globalization and division of labor has allowed multi-national corporations and businesses to focus on their core capabilities while outsourcing all various ranges activities form legal services, IT services, marketing, etc... these trends will continue to gain speed as global markets become much more efficient. Proliferation of suppliers has also rapidly increased emerging threats such as privacy, data sharing and cyber risks. The key takeaway for audience in this presentation will be over all discussion of dimensions of supplier risks and how to holistically develop a proper comprehensive supplier report card that includes financial and cyber data.