How the Right Risk Plan Can Save Your Business in a Crisis

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Procurement Pulse

Friddy - SCOPE Recruiting

9 episodes

5 days ago

Welcome to Procurement Pulse, where we delve into the heartbeat of supply chain and procurement innovation. Hosted by Friddy, Founder of SCOPE Recruiting, this podcast brings you insider insights, expert interviews, and success stories from industry leaders like Google and Cisco. Explore the latest trends in centralized procurement, learn how to attract top talent, and discover strategies to optimize your operations. Whether you’re in procurement, supply chain, or talent management, Procurement Pulse is your essential guide to staying ahead in a rapidly evolving industry.

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How the Right Risk Plan Can Save Your Business in a Crisis

Procurement Pulse

22 minutes 55 seconds

2 months ago

How the Right Risk Plan Can Save Your Business in a Crisis

A vendor you stopped working with years ago still has your customer data. They get hacked. Suddenly, your company is in the headlines.

Or your only aluminum can supplier goes on strike — and your product can’t reach customers.

These aren’t “what if” scenarios. They’ve happened to global brands, and they show how risk management is about more than compliance checklists or IT security. It’s about protecting every part of your business.

In this episode of Procurement Pulse, SCOPE Recruiting Co-Founder and Head of Recruiting Friddy Hoegener and co-host Evan Cave interview guest Tiffany Bray, VP/Third Party Risk Management at Seacoast Bank, about why risk management needs to go way beyond onboarding and compliance.

They dig into overlooked offboarding steps, real supply chain breakdowns, and how some companies actually use risk planning to win new business. Tiffany also shares what other industries can borrow from banking’s “tight ship” approach to vendor management, and why a solid backup plan might be the best sales tool you have.

What We Discuss:

00:00 Welcome to Procurement Pulse00:39 What third party risk management really means

01:24 The simple risk most companies overlook

03:01 The Volkswagen data breach case study04:14 Why vendor offboarding matters05:59 How banking does risk management differently08:07 The Budweiser aluminum shortage crisis12:11 Current tools and AI in risk management16:54 Using risk management as competitive advantage

Connect with us:

SCOPE Recruiting | https://www.scoperecruiting.com/

Connect with Friddy | https://www.linkedin.com/in/fhoegener/

Connect with Evan | https://www.linkedin.com/in/evan-cave

Tiffany Bray | https://www.linkedin.com/in/tiffany-bray-mba-ctprp/

Seacost Bank | https://www.linkedin.com/company/seacoastbank/

About Procurement Pulse: Real conversations with supply chain and procurement professionals who've been on both sides—building teams, solving problems, and staying ahead of what's coming next.

About SCOPE Recruiting: Every recruiter at SCOPE is a former supply chain professional. Freddy and Melissa, both former ABB global category managers, started the company because they were tired of recruiters who didn't understand the roles they were filling. The result? Better matches, higher retention rates, and fewer headaches for everyone involved.

If you're building a supply chain team and the usual recruiting approach isn't working, check out scoperecruiting.com.