Selection of Critical Service Providers (CSP)
Scope:
Comparative risk based evaluation of two or more potential providers of services deemed critical for the company (e.g., Logistics, Transport, Warehousing and related services).
This typically includes:
- Risk assessments of relevant practices, systems and equipment/installation for environmental protection, health, safety and security (EHSS).
- Possible business critical liabilities.
- Assessments of external risks (natural hazards, neighbourhood, social unrest, etc.).
- Evaluation of the preparedness to handle expected and unexpected events.
Compliance with EHSS and labour laws, ethical standards and special expectations of clients.
Deliverables:
- Comprehensive reports containing:
- Comparative classification of the evaluated units according to magnitude and nature of their major business/reputational risks
- Concise management summaries for each unit and comparative for the group of units
- Graphic grading of essential aspects for each unit
- Structured conclusions and
- List of relevant findings per unit
- Preference ranking for selection (with graphs and explanations).
- Recommendations on the adequacy (Y/N/Conditional) of potential partnerships.
- Recommendations on addressing performance gaps for "conditional" units.