---
title: "Free whitepaper: Defining and Driving a World-Class Supplier Risk Management Program"
description: "Download this white paper from the team at Art of Procurement: Defining and Driving a World-Class Supplier Risk Management Program in partnership with GRMS"
image: https://resources.artofprocurement.com/hubfs/GRMS%20image.jpg
---

[![Art of Procurement](https://resources.artofprocurement.com/hubfs/Art_of_Procurement_December2019/images/AOP-Blue-Logo-Cropped.png) ![Art of Procurement](https://resources.artofprocurement.com/hubfs/Art_of_Procurement_December2019/images/AOP-Full-Logo-Blue-No-Background.png) ](https://artofprocurement.com)

**Free Download**

## Defining and Driving a World-Class Supplier Risk Management Program

No company can afford to ignore their responsibilities with regard to risk management, and supplier-related risk is a crucial area of focus.

Procurement has historically relied upon supplier-provided point-in-time information from unverified sources to monitor risk, resulting in significant risk exposure for companies. Procurement is often indecisive about supplier involvement and/or investment. Because they can’t achieve world class risk management in isolation, procurement may end up doing nothing - by far the worst option given today’s supply chain disruptions.

In this paper, created in partnership with GRMS, we address the three primary supplier risk management considerations facing procurement organizations today and propose a solution that lightens procurement’s burden while strengthening key supplier relationships. 

Enter your contact details below to receive an email with a download link for this whitepaper.

![GRMS whitepaper image](https://resources.artofprocurement.com/hs-fs/hubfs/GRMS%20whitepaper%20image.jpg?width=1200&height=627&name=GRMS%20whitepaper%20image.jpg "GRMS whitepaper image")

© 2015 - 2026 Procure Change LLC

```json
{
  "@context" : "https://schema.org",
  "@id" : "https://artofprocurement.com/#org",
  "@type" : "NewsMediaOrganization",
  "knowsAbout" : [ "procurement leadership", "procurement strategy", "procurement transformation", "procurement operating models", "procurement technology", "AI in procurement" ],
  "logo" : {
    "@type" : "ImageObject",
    "url" : "https://artofprocurement.com/hs-fs/hubfs/AOP-Full-Logo-Blue-No-Background-2.png"
  },
  "name" : "Art of Procurement",
  "sameAs" : [ "https://www.linkedin.com/company/art-of-procurement/", "https://www.youtube.com/c/ArtofProcurement" ],
  "url" : "https://artofprocurement.com/"
}
```

```json
{
  "@context" : "https://schema.org",
  "@id" : "https://artofprocurement.com/#website",
  "@type" : "WebSite",
  "inLanguage" : "en",
  "name" : "Art of Procurement",
  "publisher" : {
    "@id" : "https://artofprocurement.com/#org"
  },
  "url" : "https://artofprocurement.com/"
}
```