The bar has just been raised: supply chain management and organisational resilience are now inextricably intertwined. As of 5 December the UK’s Prudential Regulation Authority (part of the Bank of England) published a consultation paper on Outsourcing and Third Party Risk Management. In this it set out its proposals for “modernising the regulatory framework on outsourcing and third-party risk management”. The proposals are extensive and their influence will be felt far and wide. To brief you on the implications for your own organisation we have brought together a team of acknowledged thought leaders and practitioners, and over this morning event they will be presenting the state of the art re. anticipated best practice. The team comprises:
- Kanika Seth, EMEIA Lead for Third Party Risk Management, EY
- Dr Heather Skipworth, Associate Professor, Cranfield University
- Nick Brazier, Head of Third Party Management and Anna Gurney, Head of Supplier Relationship Management, Close Brothers.