Hitting the Mark: Supply Chain Resilience
In today’s globalized economy, companies are gaining competitive advantage by developing business relationships into more complex supply chains. While these relationships can produce gains in productivity and profitability, they often come at the price of taking on additional risk exposure.
When it comes to supply chain disruptions, it’s no longer a matter of “if” it will happen, but “when” the next incident will occur. Choosing a proactive approach to supplier risk management will only improve your ability to adapt, change, and respond quickly to threats as they arise.
Examine how using supplier financial health as a Key Risk Indicator (KRI) leads to a more resilient global supply chain. This whitepaper will help you to:
· Know your suppliers and ask the right questions
· Uncover latent risks and vulnerabilities in the extended supply chain
· Identify how much revenue is at risk from possible disruption
· Develop a business continuity and resilience strategy
Download this whitepaper to better understand the critical elements of building greater supply chain resilience.