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Risk in Focus

AI in TPRM: What are we really talking about?

With guest speaker Dan Wright

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There’s AI in your supply chain.
Now what? 

The biggest AI risk in your supply chain may not be the supplier selling you AI. It may be the one quietly using it.​

Cut through the hype surrounding AI governance and ask what procurement, risk and supplier-assurance teams actually need to know. In this episode, Keziah Underhill and Daniel Wright explore how to uncover AI use across the supply chain, identify genuinely high-risk applications and conduct proportionate due diligence—without burying suppliers beneath another mountain of questionnaires. The central message is simple:

Responsibility cannot be outsourced.

AI can accelerate the work, but organisations remain accountable for the data, decisions and outcomes it produces. Know where AI is being used, verify the information you receive and keep humans firmly in the loop.

This summary was written by AI - and reviewed by humans. Which is rather the point.

Three shifts shaping AI risk

More sophistication

AI has been around for decades in different forms, more simplistic forms. It’s now evolving and has become a beast that therefore needs to be managed.

More regulation

The sheer depth, breadth and volume of the regulations that procurement, risk, audit and assurance teams have to manage is bordering overwhelming.

More detail

Inevitably, regulations tend to only go one way, which is more detailed. They don’t become lighter as time goes on.

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Who is Daniel Wright?

Daniel Wright is a third-party risk and supplier-management specialist at Hellios. Based in Spain, he works with leading financial institutions to navigate complex regulation, strengthen supplier assurance and manage emerging risks, including the EU AI Act.

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3 Key Takeaways

01

 Not all AI risk is created equal

 A supplier may sell AI, use it to deliver a service or simply use it behind the scenes. Understanding where and how AI is involved is the first step towards proportionate assurance.

02

 Know the risk. Own the responsibility.

 Suppliers can provide the technology and the answers, but accountability cannot be outsourced. Organisations must validate the information they receive and maintain effective human oversight.

03

 Ask once. Assure many. 

 Shared approaches and reusable supplier information can reduce duplicated questionnaires, ease supplier fatigue and help organisations focus their effort where the risk is greatest. 

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