Managing Risk in Your Supply Chain
A business is only as strong as the chain of suppliers it works with. So leaders must recognize and work to understand the factors that promote strong risk management in the supply chain. Ensuring that your goods arrive on time is only a piece of the whole. Managing vendor relationships, building strong payment protocols and knowing the geographic challenges associated with growth can help keep risks under control. See our five steps to supply chain risk management—to help you gain competitive advantage, protect your brand, and drive growth.
Risk management in the supply chain has become increasingly important as companies both large and small seek to extend their global reach. Enterprises entering new markets often need to form new supplier relationships, engage with state-owned entities, and adapt to local laws and culture. The resulting complexity in the supply chain can mask a wide range of financial, regulatory, and legal risks.
We will be discussing the following questions during the chat:
1. What do you mean by “You Can’t Outsource Risk”?
2. What kind of risk is inherent in your (organization’s) supply chain?
3. Monitoring the financial sustainability of your MSP is clearly imperative, but how far down this monitoring extend in supply chain?
4. If an MSP Provider is looking to acquire a new company or conversely to sell or divest, should the buyer be concerned?
5. What contingency plans do you have in place and how do you manage those “disaster recovery plans”?
Log in your Twitter account, Join us @CPOInnovation #TSC2019 and tweet your views on Managing Risk in Your Supply Chain with other Industry leaders at 3pm-4pm on 28th June.
Join us @CPOInnovation #TSC2019 Tweet Chat, which will be a precursor to the Tech Supply Chain Conference, Exposition & Awards 2019 on the 19th – 20th September 2019 in Mumbai.
For more information, Please contact:
Content Marketing Manager
Board +91 0120 42969 52, Ext-4374
CPO Innovation – Strategic Intelligence to Supply Chain