Third-Party Risk Management in Consumer Packaged-Goods

 An Integrated Approach to CPG Third-Party Risk

The CPG industry is navigating a quickly evolving landscape of shifting consumer behaviors, technological advancements, complex global supply chains, and strict regulatory and ESG demands. To thrive in this dynamic environment, CPG companies must implement an integrated approach to third-party risk management.

From onboarding to offboarding, a unified process for managing third-party risks is needed. In his strategy perspective for this industry, GRC 20/20’s Michael Rasmussen explores how CPG companies can be empowered to manage their third-party relationships better, protect their operations, and maintain competitive edge in a challenging, evolving market.

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