Regal Swiss developed a supply chain risk framework, using tools like RiskRecon for vendor assessments. We implemented continuous monitoring and contract clauses. This mitigates vendor breaches. For interconnected businesses, our framework protects against cascading risks, ensuring supply chain integrity.
Confidential Client
RiskRecon, Supply Chain Risk Management, Vendor Assessment
Supply chain risk management framework development
Regal Swiss supply chain security and risk management team
Assessing risks across numerous third-party vendors
Implementing continuous monitoring for changes
Enforcing security clauses in vendor contracts
Responding to identified supply chain vulnerabilities
Deployed RiskRecon for automated vendor scoring
Established monitoring dashboards for real-time insights
Drafted security-addended contract templates
Created response protocols for vendor incidents
Identified and mitigated 50+ vendor risks
Strengthened supply chain security resilience
Reduced third-party breach impacts by 45%
Improved vendor compliance and relationships