Nestlé was looking for a consistent method to manage risk across the multi-national operation. The fact that Active Risk Manager is web-based means that countries will be able to share information, update and monitor risk information in an effective and efficient way.
Marc Schaedeli, Head of Risk Management at Nestlé explained, “Of all those products evaluated, Active Risk Manager best suited our requirements. Other products could provide part of what was needed but not everything and many of them were also too complex. Active Risk Manager gave us what we were looking for.”
“We also felt that Active Risk Manager would be able to reflect the way we work. We did not want to change our process just to fit with a new system.” Marc Schaedeli continued, “We plan to use Active Risk Manager for both project risk assessment and business risk management. Nestlé products grow through innovation and renovation and Active Risk Manager will help us to manage any different types of project. Consolidating data will also enable us to get a better overview of the business processes and their potential risks.”
Charles Longridge, Director of Business Development for EMEA at Sword GRC said, “We are very excited to be working with such a leading global manufacturer and will look to Nestlé as a key sector influencer in the supply-chain risk management and Sarbanes Oxley compliance. We look forward to providing a positive return to Nestlé with improved risk mitigation strategies and increasing profit margins.”
Marc Schaedeli concluded, “We believe Active Risk Manager will provide the right information to the right people at the right time which will help Nestlé to fulfil its company priority – to bring highest quality products to people, wherever they are, whatever their needs, throughout their lives.”
“Of all those products evaluated, Active Risk Manager best suited our requirements. Other products could provide part of what was needed but not everything and many of them were also too complex. Active Risk Manager gave us what we were looking for.”
Nestlé, with headquarters in Vevey, Switzerland was founded in 1866 by Henri Nestlé and is today the world’s biggest food and beverage company with factories or operations in practically every country in the world.