Third Party Risk Management | Supply Chain Security | ERPSM

Protect Your Organization from Supply Chain Vulnerabilities

Your Supply Chain is Only as Secure as Your Weakest Vendor

Third-party vendors have unprecedented access to your systems, data, and operations. One compromised supplier can expose your entire organization to cyber threats, operational disruptions, and compliance violations.

Don’t let your vendors become your biggest security risk.

               Contact Us Today For a Demo

Why Third Party Risk Management Matters

• 60% of data breaches originate through third-party vendors
• Average cost of a supply chain breach: $4.45 million
• 98% of organizations have relationships with vendors who’ve experienced a breach
• Supply chain attacks increased by 420% in the past year

Your Vendors Have Access To:

✓ Your procurement systems and financial data

✓ Sensitive customer information

✓ Intellectual property and trade secrets

✓ Critical infrastructure and operations

✓ Employee personal data

One breach can result in:

• Financial losses and legal penalties
• Reputational damage
• Operational downtime
• Loss of customer trust
• Regulatory non-compliance

How We Secure Your Supply Chain

Step 1: Discovery & Assessment We map your entire vendor ecosystem and identify high-risk third parties based on data access, criticality, and security posture.

Step 2: Risk Scoring Each vendor receives a comprehensive risk score based on cybersecurity, operational capacity, and compliance status.

Step 3: Prioritization We help you focus resources on your highest-risk vendors while maintaining appropriate oversight across all suppliers.

Step 4: Remediation Working with you and your vendors, we implement security improvements and monitoring systems.

Step 5: Ongoing Management Continuous monitoring ensures your supply chain remains secure as threats evolve and your vendor relationships change.

Key Benefits

Why Choose ERP Software Management for TPRM?

Industry Expertise Our team combines procurement knowledge with cybersecurity expertise, understanding both supply chain operations and security threats.

Comprehensive Visibility See your entire vendor ecosystem at a glance with our risk dashboards and reporting tools.

Rapid Deployment Get your TPRM program up and running quickly with our proven methodologies and frameworks.

Proactive Protection Identify and address vulnerabilities before they become breaches, saving millions in potential damages.

Compliance Ready Meet regulatory requirements for vendor management (POPIA, GDPR, ISO standards) with documented processes.

Vendor Collaboration We work with your suppliers to improve their security posture, creating a more resilient supply chain.

Cost Effective Our risk-based approach focuses resources where they matter most, maximizing ROI on security investments.

Risk Areas We Address

Comprehensive Third Party Risk Coverage

Cybersecurity Risks

• Data breaches and theft
• Ransomware attacks
• Malware infections
• System vulnerabilities
• Weak access controls

Operational Risks

• Service disruptions
• Performance failures
• Capacity constraints
• Quality issues
• Geographic concentration

Compliance Risks

• Regulatory violations
• Contract breaches
• Data privacy failures
• Industry standard non-compliance
• Documentation gaps

Financial Risks

• Vendor insolvency
• Hidden costs
• Price volatility
• Payment fraud
• Insurance inadequacy

Reputational Risks

• Vendor scandals
• Ethical violations
• Environmental concerns
• Labor practices
• Public perception
  

  Secure Your Supply Chain Today

  Three Ways to Begin:

  1. Free Risk Assessment Get a complimentary evaluation of your current third-party risk exposure. Schedule Assessment

  2. Consultation Speak with our TPRM experts about your specific challenges and requirements. Book Consultation

  3. Full TPRM Program Implement a comprehensive third-party risk management program. Request A Demonstration