Solutions

Third Party Credit Risk

Identifying and managing supply chain and counterparty risk

Third Party Credit Risk is about protecting strongly performing businesses from under-performance in their supply chain.

A changing marketplace

The uncertainty impacting the current economic climate is likely to see the supply chains of major UK businesses more exposed by the impact of corporate failure.

Take  control

The potential damage to revenues caused by the failure of a key customer is no doubt something you have considered. You can insure against the failure of a customer, but have you fully considered the implications of losing a key supplier? During this critical time, suppliers can often fail due to strains on working capital.

Mitigate the consequences

The insolvency of a supplier can bring costs from production stoppages or delays, stock outs, revenue loss and the cost of adjusting your own production cycles to different materials with no warning.

It is vital to examine how you can monitor supply risk and implement strategies to mitigate the consequences.

Third Party Credit Risk

Consider

  • Which suppliers and third parties are critical to business continuity?
  • Are any of them at risk of failure – either operational or financial?
  • What can you do to identify and protect your business?

Key contacts

Nick Edwards

Nick Edwards

Partner

Nick has over 30 years of experience working with a wide range of stakeholders of financially distressed, underperforming and insolvent businesses to develop and implement effective turnaround solutio... More

Fiona Kaufman

Fiona Kaufman

Partner

Fiona leads our Third Party Credit Risk proposition with nearly twenty years’ experience of leading strategic reviews of challenged businesses. She focuses on working with corporate clients to evaluat... More