Downloads
New IT Security: Protecting Your Company Against Outsourcing Supplier Insolvency Authors: Leo T. Crowley, Joshua B. Konvisser, Vipul N. Nishawala, Rick B. Antonoff, Kent P. Woods, Erica Edman Carrig
Conventional wisdom was that bankruptcy was not a major consideration when outsourcing to “blue chip” sourcing suppliers. However, with recent market changes characterized by giant corporations effectively disappearing in a cloud of insolvency over a weekend—and with the proliferation of smaller, less well-capitalized suppliers—the rules of the game have changed.
The challenges to the sourcing marketplace are exacerbated by the reliance of many sourcing suppliers on the financial services industry as a client base. As the number of financial services clients shrinks, the portfolios of sourcing suppliers will shrink as well. While many sourcing suppliers will weather this crisis, some may not.
To read this publication in its entirety, click the link in the adjacent "Downloads" section.
