On: June 29, 2022 By: Dr. Cheryl McCloud
4 Steps to Identify and Manage Supply Chain Risks
Supply chain risk management is a way for companies to plan for and prepare to react to supply chain disruptions. Many disruptions companies face are out of their control—weather, global conflict, decisions made by third-party partners—but by anticipating disruptions and being prepared to react, companies can minimize the financial toll.