Global Manufacturing Firm (Industrial)
Challenge
Supplier quality issues and lack of third-party risk processes exposed the manufacturer to material-sourcing delays and compliance fines.
Approach
We built a tiered Third-Party Risk Management programme: risk-based assessments, ongoing monitoring, and “nth-party” visibility via automated questionnaires and portal integration.
Outcomes
• 40% fewer supplier disruptions year-on-year
• Early identification of two critical supply-chain risks
• Standardised risk-ratings across 300+ vendors
Client Testimonial
“With Veresco’s TPRM programme, we finally have one source of truth for supplier risk—and peace of mind.”