December 4th, 2017
Globalization has made the manufacturing industry more complex and resulted in the need for companies to leverage more and more suppliers, vendors, distributors, agents, and resellers to help conduct business effectively on an international scale. However, when manufacturers engage third parties, they run the risk of becoming entangled with activity that may violate one more of the anti-bribery and anti-corruption (ABAC) laws. Third-party risk remains among the most significant that manufacturing companies face. Companies that have identified their risks in advance and planned for these contingencies are the ones best positioned to weather any potential third-party risks that arise.
What can manufacturing companies do to manage these risks? Download "Manufacturing and Due Diligence: The Case for Digging Deeper into Third-Party Relationships" to learn more.