How Digital Supply Chains Help Companies to Mitigate Supplier Risk

How Digital Supply Chains Help Companies to Mitigate Supplier Risk

[vc_row][vc_column width=”2/3″][vc_custom_heading text=”It’s nearly impossible to navigate a supply chain career without experiencing a supplier disruption at some point. Supplier disruptions come in many forms and range in severity” font_container=”tag:h3|text_align:left” use_theme_fonts=”yes”][vc_column_text]At best, a supplier disruption forces manufacturers (a.k.a., brand owners) 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 supplier risk strategies. Traditional supplier risk management strategies involve surveys that are distributed by brand owners to their Tier 1 suppliers.[/vc_column_text][vc_row_inner][vc_column_inner width=”1/3″][vc_single_image image=”2526″ img_size=”full”][/vc_column_inner][vc_column_inner width=”2/3″][vc_custom_heading text=”Download this education series to learn how digital supply chains help companies to mitigate supplier risk ” font_container=”tag:h3|text_align:left” use_theme_fonts=”yes”][vc_column_text]

  • What are some supplier disruptions

  • What are traditional supplier risk management strategies

  • How risk mitigation at best should be about prevention, or at worst, rapid response.

  • How digital supply chain solutions help organizations dynamically discover their N-Tier supplier networks

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