Risk #3: Compliance
As regulation in the A&D industry expands, ensuring compliance throughout your supply base is no easy task
Challenges: An A&D supply chain involves thousands of suppliers, sub-tier suppliers, vendors, and contractors in a complex global and diverse ecosystem. A&D companies must ensure adherence to compliance in their supply network, or could face strict penalties.
With The riskmethods Solution, you can:
- Monitor your entire supply network, including sub-suppliers, for compliance risk. This includes regulations covering where companies may source from
- Get risk profiles including compliance indicators such as sustainability, work practices, cybersecurity
- Act fast on compliance issues in your network thanks to sub-tier visibility, real-time monitoring, and mitigation plans