The problem with most supplier risk assessments is that—due to time and personnel constraints—they are often limited in scope and effectiveness, with the highest-volume direct suppliers prioritized. This approach leaves companies blind to major risks in their supply chains, given that roughly 80% of supply chain disruptions originate at lower-tier suppliers. So, hidden weaknesses persist, ultimately leading to costly disruptions.
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Apr 09, 2021
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Material Handling & Logistics
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Future-Proof Your Supply Chain Resiliency With Our Top Supply Chain Megatrends For 2024
Examine the state of global supply chains in 2023 and the predominant global megatrend shaping 2024 to future-proof your supply chain resiliency
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