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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We’re the world’s leading supply chain monitoring, mapping, and resiliency solution. Over 100k organizations partner with us to take their SCRM programs from reactive to resilient.
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Manufacturing.net
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