A Powerful Tool for Risk Managers

Large manufacturers rely on a vast network of thousands of suppliers, some of which may be located half a world away. When any one of those suppliers encounters a problem that impacts its production capabilities – be it natural disaster, labor strike, lawsuit, or government shutdown – the manufacturer must assess the situation and quickly decide on alternatives, before the entire supply chain is disrupted.  Therefore, it pays for risk managers at large-scale manufacturers to closely monitor their supply chain partners and track potential supply chain risks.

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