What this template is for
A self-assessment risk questionnaire for suppliers to complete. Covers financial, operational, compliance, and cybersecurity risk areas. This downloadable template helps procurement professionals streamline their risk assessment process — no need to build complex spreadsheets from scratch.
What's included
- 40+ risk assessment questions organized by risk domain
- Supplier self-rating scales for each question
- Evidence/documentation request checklist per domain
- Inherent risk calculation worksheet
- Residual risk assessment after controls consideration
Who should use this
- Procurement teams collecting risk information from suppliers before on-site assessment.
- Third-party risk managers conducting initial supplier risk screening.
How to use it
- Send the PDF questionnaire to suppliers for completion
- Suppliers self-rate their controls and provide supporting evidence
- Calculate the Inherent Risk score using the worksheet
- Apply control effectiveness ratings to determine Residual Risk
- Use results to prioritize which suppliers need deeper assessment