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Home / In the News / Supplier Risk Assessment is Key to Resiliency

Home / Supplier Risk Assessment is Key to Resiliency

RESILINC BLOGS
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Supplier Risk Assessment is Key to Resiliency

Apr 09, 2021
< 1 MIN READ

Material Handling & Logistics

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.

Read full Material Handling & Logistics article >>

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