Increasing shared risk is the next big change in supply chain management
Big data, robotics, connectivity, cybersecurity — these are just four of the more obvious expensive and high-tech requirements that companies are putting on their suppliers. And rightfully so. But not all key suppliers can meet these expectations for those very reasons: finances and skills. Pity the small niche supplier who cannot afford the technology and certainly can't afford to be wrong in what it chooses to acquire.
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