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Our Supply Chain, Contract, Distribution, & Procurement Risk Management
Our Supply Chain, Contract, Distribution, & Procurement Risk Management covers the following:
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Managing Vendor, Supplier & Partner Risk in the modern world is now more vital than ever before.
Third-party Risk Management is now a critical component of any Enterprise Risk Management framework as Suppliers are more involved in all aspects of business, & Vendors are increasingly relied upon for crucial deliverables.
But who is responsible for monitoring these relationships, & making sure they are operating as intended?
Significant Financial, Legal, Operational, & Strategic Risks can stem from Non-compliant Relationships with other entities, such as data loss from a cyber-attack, or a dip in earnings because of Reputational Fall-out. Many organizations use Contracts as a tool to safeguard from Third-party Risk, but even the greatest contracts cannot anticipate every Business, Reputational, or Environmental Threat.
And, despite best efforts, changes happen within Organizations, & Information may not be shared with the appropriate Stakeholders. Unfortunately, these knowledge gaps may lead to misalignment, or control failures.
Augustus Hall Limited® helps Organizations Assess & Mitigate Third-party Risk – along with the Internal & External Factors contributing to these risks – to increase transparency, efficiency, & savings. And, like each relationship cultivated over time, identifying what is working, & what may need improvement, can ultimately benefit all parties.
Our Distributor (Supplier, Vendor, Contractor) Due Diligence
Africa’s Retail Industry has grown considerably over the last decade. In fact, Nigeria for instance, has been ranked as the 4th most attractive – among thirty other top African Markets – when it comes to Retail Investments. This welcome growth also comes with not just the rising need for Distributors, but a Systematic Due Diligence Process for Distributors as well.
A Distributor is like a middleman between a producer & customers or retailers. So, it is safe to say that a huge portion of any business’ relationship with its customers is reliant on the distributors. They are your business partners who carry your brand to the public & in many ways, they affect your brand reputation.
As such, it is crucial that you only work with diligent, responsible & trustworthy distributors, who share the same values & visions as your business, no matter which field of business you are in. And what is the best way to make sure that you partner with reliable distributors with a good reputation? A thorough Distributor Due Diligence. This is a critical process before partnering with any distributor. Distributor Due Diligence should never be overlooked or compromised.
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Critical Points In Our Delivery
Critical Points to Consider for Distributor Due Diligence
Do you want to make sure that your customers continue to trust you?
Do you wish to be a company that is respected & valued in the industry?
If so, it is imperative that you choose to partner with distributors only after conducting an exhaustive Distributor Due Diligence Process. Such a process will not only help to uphold your Brand Reputation but can save you thousands of dollars by Mitigating Business Risks.
Trust is the most important factor when it comes to any business partnership. So, here are some critical points to consider while Conducting Distributor Due Diligence to make sure they are someone you can trust.
Third-Party Risk Assessments
Third-Party Due Diligence
Augustus Hall Limited® provides Comprehensive Solutions for managing Third-party Risk. We help you put the right resources, controls & systems in place to Conduct Due Diligence, Monitor Risks, comply with Regulations & manage your Third Parties with confidence.
Third-Party Risk Assessments
Under this section we will cascade the narratives as follows:
Third-Party Risk Assessments
We’ll assess your third parties to provide visibility into your current risk exposure, & help you establish the right systems & controls to close gaps & continually monitor & manage risk.
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Third-Party Due Diligence
Looking for a cost-effective way to handle Third-party Due Diligence? Our specialists take care of the Administration & Analysis so you can focus on Evaluating Risks & making Informed Decisions.
Under this Third-Party Due Diligence, Augustus Hall Limited® handles:
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Remediation Support
Need help resolving Remediation Issues with your Third Parties? Our Specialists work directly with your Vendors to verify what they’ve done & ensure issues are thoroughly resolved.
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Assessing Your Third Party Screening To Identify Gaps
We launch each engagement aiming to ensure that any third-party compliance.
program is:
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We work with Our Clients to identify Third-party Screening Gaps, & asking questions such as:
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Our Service Terms & Conditions
Note:
Having access to this type of private data, however, comes with rules, criteria, regulatory compliances, due processes, official approvals, administrative protocols, restrictions, usage terms & conditions, & other regulations governing it.
Augustus Hall Limited may officially reject your applications or orders based on the aforesaid, & for many other reasons, or criteria that does not conform to our objectives, principles, ethics, norms, standards, generally accepted practice.
Such request for Verifications Services are only granted or carried out or conducted solely for strictly verified entities, receiver, beneficiary, or recipient with vetted aims & objectives of which the ultimate utility of such verification service is vetted & traced to fulfilling generally accepted principles, aims, & objectives as regards to Risk Assessment, Risk Valuation, Risk Control, Risk Mitigation, Risk Management, Risk Intelligence, Risk-based Decisioning, etc.; which altogether must be seen to amount to transparency, restorations & preservations of Trust, Value, Assets, Investments, Common Wealth, Security, Integrity, Ethics, Governance, Business Development, Business Continuity Management, Business Sustainability Management, Humanity, Equity, Balance, etc.
Our Due Diligence Capabilities & Access are Wide Ranging.
For more information on how we can provide further insight for you, your business, or your clients, we would encourage you to contact us to Buy Now or Subscribe or Discover more.
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