FIVE MINUTES WITH ...
KEITH FORTSON
Global Head of ESG at Riskonnect
WITH SUPPLY CHAIN RISK MANAGEMENT TEACHING ORGANISATIONS SOME HARSH LESSONS , KEITH FORTSON OF RISKONNECT EXPLAINS WHY IT ’ S NEVER BEEN MORE MISSION-CRITICAL
Q . TELL US ABOUT YOUR ROLE AT RISKONNECT
» I work as part of our strategy and innovation team . My primary role is to talk with companies across various industries and help connect the dots in terms of how regulations , compliance issues , and more can all be applicable to ESG .
Q . WHAT SUPPLY CHAIN RISKS DO YOU HELP CUSTOMERS MANAGE ?
» Supply chains have become more global and incredibly complex over the past decade . There was a mass optimisation movement , whereby many companies moved their supply chains overseas to cut costs . Then COVID-19 hit and highlighted the drawbacks of that approach . Many businesses did not have the resilience they once had . If a business focuses its manufacturing operations out of a single location or port , the entire supply chain can be interrupted if there is even just one incident . Organisations also face ESG issues such as forced labour in their supply chains , which can lead to reputational issues . There are also new regulations and compliance considerations , and geopolitical tensions . We help organisations anticipate and manage all these risks .
22 May 2022