Third-Party & Supply Chain Risk Glossary

Clear definitions for risk, procurement, and compliance teams managing vendor and supply chain exposure.

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19 terms in Foundational Concepts

B

Business Associate

C

Compliance Risk

Corporate Social Responsibility

Critical Activities

Critical or Important Functions

Cyber Supply Chain Risk Management

E

Extended Enterprise

F

I

Intragroup Arrangement

L

Lifecycle of Third-Party Arrangements

M

Multi-Tiered Risk Management

O

Operational Risk

R

Reputational Risk

S

T

Third-Party Arrangement

Third-Party Relationship

V

Vendor Risk Management Lifecycle

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