Tag: supplier risk mitigation

Three Things to Consider When Developing a Supplier Risk Mitigation Strategy

It’s nearly impossible to navigate a supply chain career without having experienced a supplier disruption at some point. Supplier disruptions come in many forms and range in severity. At best, a supplier disruption forces manufacturers to order materials from a secondary supplier for a brief period. At worst, supplier disruptions halt production for extended periods and can even threaten to shutter a business. Because of their potentially catastrophic consequences, most organizations develop and adopt comprehensive…
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