Manufacturers must manage wide-ranging regulations, large employee populations, and protracted supply chains while meeting rigorous production goals. When a supply-chain event on the other side of the world can cause costly disruptions at home, it is imperative that your organization manage its third-party relationships responsibly. With a flexible third-party risk- and cybersecurity management program, manufacturers can handle supply chain risks to ensure continuous production.
ProcessUnity’s acclaimed Vendor Risk Management and Cybersecurity Risk Management solutions provide an innovative, reliable solution for Manufacturing Organizations to streamline risk management processes through the full life cycle of vendor relationships.
Explore ProcessUnity’s market-leading solutions for Manufacturing Organizations:
Drive Consistency Through Automated Processes
- Assess third parties based on configurable intake questions with pre-mapped relationships between questions and regulations, standards and enterprise controls. Vendor questionnaires should be tailored to the vendor’s specific service type to avoid vendor fatigue and increase the likelihood of quality responses. Customized intelligent questionnaires enable organizations to stay ahead of inherent and residual risk with third parties by utilizing classification systems that bring focus to high-risk and critical vendors.
Build Trust and Protect Reputation
- With the ProcessUnity platform in place, your organization aggregates third-party risk data and effectively communicates, monitors, and manages risk exposure. ProcessUnity VRM enables organizations to manage third-party risk exposure within a business context and complements the business lifecycle to support executive decision-making.
Protect Data and Assets
- Determine which of your vendors has access to NPI/PII (non-public information/personally identifiable information) to ensure that you are protected against data privacy threats. Knowing which vendors have access to which data allows you to scope assessments and ensure that each vendor is compliant with relevant regulations and service-level agreements.
Ensure Regulatory Compliance
- ProcessUnity empowers its users to leverage risk scoring across multiple domains, groups, product lines and more to understand where risk exposure is greatest. Leveraging due diligence questionnaires to vendors, content feeds from data providers, internal assessments and more allow your organization to deploy appropriate controls and mitigation activities to reduce or fully mitigate risk. Complete assessment processes for compliance with responsible sourcing, anti-bribery and corruption regulations like FCPA or UK Bribery Act.
Schedule a demo below to learn more about ProcessUnity’s leading solution for Manufacturing Organizations.