Supply Chain Risk Assessment and Compliance: Mitigating Risk With Effective Due Diligence and Supplier Oversight

Corporations are increasingly focused on potential vulnerabilities in the supply chain, which can include foreign sweatshop practices, environmental lapses, cybersecurity threats, risk of counterfeit parts and materiel, disruptions caused by natural disasters or political unrest, Foreign Corrupt Practices Act violations, and more.

Through proper due diligence during the initial supplier selection process, effective oversight of the supplier relationship, and solid corporate governance practices, corporations can mitigate risk and avoid costly missteps and protect brand reputation and enterprise value against threats through the supply chain.

Listen as our authoritative panel of attorneys with experience advising companies on supply chain compliance discusses proactive steps for managing and mitigating the legal and reputational risks in companies’ supply chains.

1. Potential supply chain vulnerabilities
2. Due diligence strategies
3. Post-signing governance, dispute resolution and contingency planning

The panel will review these and other key issues:

• At what junctures in the supply chain do potential vulnerabilities generally arise?
• What questions should companies ask during the supplier vetting process to minimize the likelihood of selecting a risky supplier?
• What steps should corporations and their counsel take when implementing the supply chain to prepare for potential disruptions in the supply chain, employment-related concerns, or corporate social responsibility issues?
• Are there methods that companies can use to assure authenticity in supplied components?
• How can companies assess cybersecurity risks in the supply chain and what measures can be taken in response?