The emerging business of supply chain risk management
from Supply Chain 24/7
As reported by Forbes, there’s an emerging category of business - supply chain risk management - of which many companies aren’t yet aware. For the largest companies, this is a jugular area - imagine the exposure of a large oil company or a large online retailer when a supplier they’ve contracted with makes a mistake or even causes an all-out disaster? And imagine how much worse any such disaster would be if in the fallout it’s determined the organization you approved has failed to meet compliance requirements or carry proper insurance?
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