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How the Right Risk Plan Can Save Your Business in a Crisis | Procurement Pulse Ep. 3

Is your lack of risk management *risking* your business?

Author

Friddy Hoegener

Published

22 August 2025

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 Pulse
00:39 What third party risk management really means
01:24 The simple risk most companies overlook
03:01 The Volkswagen data breach case study
04:14 Why vendor offboarding matters
05:59 How banking does risk management differently
08:07 The Budweiser aluminum shortage crisis
12:11 Current tools and AI in risk management
16:54 Using risk management as competitive advantage


Connect with us:

SCOPE Recruiting
Connect with Friddy
Connect with Evan

Connect with Tiffany Bray
Connect with Seacost Bank


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. 

Author

Friddy Hoegener

Date

22 August 2025

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