Supply Risk Management - Risky Business
Finding time to assess and plan for the many supply risks which could face your company will pay dividends in the long term, say the experts. On average, about 50 per cent of goods and services don’t stem from a company itself but from its suppliers. In other words, the dependence on suppliers and the suppliers of suppliers is enormous. This makes it all the more surprising that many companies do not monitor the risks of such dependence.
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