The last decade has yielded many events, forces, and elements in which a greater concern and scrutiny of the concept of Vendor or Supplier Risk Management has risen. At the forefront are driven for Cost Reduction, Top Line Growth, and Competitive Advantage. Organizations like have recognized that Supplier Risk Management Processes are underpinned by: Identification of Potential Risks emanating from the interaction of buying, while platforms such as have started integrating these principles into their operational strategy.