SUPPLIER RISK RESOURCE HUB
Explore foundational definitions, resources, and insights to help assess exposure, strengthen oversight, and support resilient supplier strategies.
These supplier risk terms define the foundational concepts organizations use to assess exposure, strengthen oversight, and support resilient supplier strategies.
Supplier risk is the potential for financial, operational, compliance, or reputational harm arising from an organization’s reliance on external suppliers or third parties.
Supplier Risk Management (SRM) is a structured approach to identifying, assessing, mitigating, and continually monitoring supplier risk to reduce disruption and support business continuity. It encompasses activities such as supplier due diligence, risk scoring, contractual and compliance controls, ongoing monitoring, and contingency planning.
Third-Party Risk Management (TPRM) is an enterprise-wide discipline focused on managing risks introduced by external vendors, suppliers, and partners throughout the relationship lifecycle.
Supply Chain Risk Management (SCRM) is a structured approach to identifying, assessing, and mitigating risks across the entire supply chain. It addresses risk exposure beyond individual suppliers to include logistics, transportation, geopolitical, environmental, and systemic dependencies that can lead to disruption.
Risk that arises when a supplier’s financial condition affects its ability to meet obligations, deliver goods or services, or sustain operations.
Risk associated with supplier failures, capacity constraints, or process breakdowns that affect operations or service delivery.
Exposure to legal or regulatory consequences resulting from supplier actions or noncompliance with laws, regulations, or standards.
The potential for brand or trust damage resulting from supplier misconduct, ethical failures, or negative public exposure.
The risk created by overreliance on a single supplier or a small group of suppliers for critical products or services.
The broader ecosystem of third parties, subcontractors, and fourth parties that support an organization’s operations beyond direct suppliers.
The ongoing assessment of supplier risk signals to detect changes in financial health, compliance posture, or operational exposure over time.
A supplier’s ability to withstand, adapt to, and recover from disruptions while continuing to support business operations.
Build a clearer understanding of foundational concepts across supplier risk, supply chain risk management, and third-party risk to make informed decisions and support resilient supplier strategies.
Supplier Risk Thought Leadership
Explore the latest business insights and best practices from Dun & Bradstreet's supplier risk leaders and data experts, including ways to manage your supply chain, identify and navigate potential disruptions, and more.
Access tools to help you identify, assess, and manage supplier risk with greater visibility and confidence.
Control costs and help prevent disruption by evaluating potential supplier risks and screen for sanctions, cyber risks, and other potential threats.
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The information provided in articles are suggestions only and based on best practices. Dun & Bradstreet is not liable for the outcome or results of specific programs or tactics undertaken based on your use of the information. Please contact an attorney or financial/tax professional if you are in need of legal or financial/tax advice.
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