Tag: supplier risk

How Digital Supply Chains Help Companies to Mitigate Supplier Risk

In every annual report of global Fortune 500 companies, you will read through a section dedicated to monitoring, managing and mitigating supply chain supplier risk. It’s nearly impossible to navigate a supply chain career without experiencing a supplier disruption at some point that significantly impacts the bottom line. Because of its potentially catastrophic consequences, most…
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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…
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