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
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.
Download this education series to learn how digital supply chains help companies to mitigate supplier risk
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