Framework, Industry Guidance, Regulations
Consumer Packaged Goods Industry Call To Action
Benchmarking shows that against industries as a whole CPG has been slower in making program maturity gains in TPRM processes. The Shared Assessments Consumer Packaged Goods Vertical Strategy Group (CPG-VSG) has examined the gap between third party risk management (TPRM) practices and the current threat environment. The group has championed this Call to Action in response to several critical challenges that CPG, as an industry, is facing in attaining TPRM program maturity.